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Oct 6, 2016 11:25 AM ET

Archived: Rwanda: Jeanne – A loan of $2,500 helps to buy more crafts to sell.

iCrowdNewswire - Oct 6, 2016


Rwanda / Crafts
Borrower image

Jeanne’s story

A mother called Jeanne is 62 years old. She is married with four children aged 15 to 28 years. One of them goes to school.

Jeanne sells crafts and she has been in this business for the past eight years. With the loan, she would like to buy more crafts to sell. The profits from the business will be used to increase her savings. 

This loan is special because:

It provides training, savings accounts and loans to Rwandan entrepreneurs unserved by the formal banking sector. 

Elizabeth Davidson
Kiva staff

More about this loan

This loan serves individual entrepreneurs whose businesses have grown beyond the capacity of the group loan model. Most of these entrepreneurs have well-established businesses but are unable to access credit through the formal banking sector to grow their businesses further. By support this loan, you’re providing these entrepreneurs with valuable business and household finance management training and access to savings accounts.

About Urwego Opportunity Bank:

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.

A loan of $2,500 helps to buy more crafts to sell.

Contact Information:


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