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Francoise
Francoise, 53, is a mother of four children. All of them go to school. She sells shoes, both used and newly-made shoes. She has spent five years in the business. With the loan, she wants to add more different kinds of shoes for sale. She plans to use the profits for paying her children’s school expenses.

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
  • 37
    View loans »
    Rwanda Loans Fundraising
  • $16,926,975
    Funds lent in using Kiva
  • 630.9
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Francoise to add more different kinds of shoes to her inventory.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2012
Listed
Dec 14, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013