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Antoine
Antoine sells cooking oil, rice, tomato sauce and sandals and works with his wife in this business. He is 30 years old and has two children. Antoine has been selling food and shoes for five years and has requested this loan to buy more products to sell. He hopes to use the new profits from his business to buy another plot of land.

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
  • 47
    View loans »
    Rwanda Loans Fundraising
  • $12,350,475
    Funds lent in using Kiva
  • 593.5
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Antoine to buy more rice, tomato sauce and sandals to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2010
Listed
Dec 23, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011