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Innocent
Innocent is 27 years old. He is single. He has adopted 3 children. Innocent sells beer and soft drinks, and he has had this business for 6 years. With this loan he will buy more beer and soft drinks to sell. With the profit he will buy food for his family. His business is unique because he is the only person who sells beer and soft drinks. In the future, he would like to become the sole distributor in the whole sector.

Additional Information

About Urwego Opportunity Bank of Rwanda (UOB)

Urwego Opportunity Bank (UOB) is a Rwandan bank specializing in microfinance. It offers credit products to individuals and groups interested in starting or expanding their businesses. It also offers training in business development, financial literacy and health management. Given that approximately 90% of the Rwandan population is directly or indirectly related to the agricultural sector, Kiva lenders’ funds will be used to support UOB’s agricultural loan products, which are vital to the clients living in remote areas.

About Rwanda

  • $1,000
    Average annual income
  • 31
    View loans »
    Rwanda Loans Fundraising
  • $11,741,025
    Funds lent in using Kiva
  • 588.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Innocent to buy more beer and soft drinks to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 28, 2010
Listed
Oct 22, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011