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Philomene
Philomene is a mother of two children and married to a farmer. Both children attend schools.

She sells different foodstuffs. With the loan, she wants to add more rice and cooking oil for sale.

The profits from the business will be used to provide food for the family.

Additional Information

About Urwego Opportunity Bank of Rwanda (UOB)

Urwego Opportunity Bank (UOB) helps underserved Rwandans by providing its clients with the necessary credit and savings capabilities required for economic transformation. It offers credit products, including group and individual loans, as well as training in business development, financial literacy and health management. UOB loan products leverage social collateral since most group members have little to no collateral.

About Rwanda

  • $1,700
    Average annual income
  • 48
    View loans »
    Rwanda Loans Fundraising
  • $16,941,150
    Funds lent in using Kiva
  • 605.6
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Philomene to buy more rice and cooking oil for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 23, 2012
Listed
Aug 31, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012