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Josephine
Josephine is married and has one child. She sells various items in her general store. With the loan, she wants to add larger quantities of items to her inventory, such as salt, soaps and cooking oil. The profits from the business will be used for buying a plot of land.

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
  • 50
    View loans »
    Rwanda Loans Fundraising
  • $16,930,400
    Funds lent in using Kiva
  • 631.3
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Josephine to add more retail goods for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2012
Listed
Dec 18, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013