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Samuel
Samuel owns a shop which has a variety of items such as sugar, lotions, salt, soap, and beans. He has had this business for three years. Samuel is 39 years old and married with one child who is three years old. Samuel will use this loan to buy more merchandise to sell. The profits from his expanded business will be used to reinvest in the business for its growth. He hopes to be a businessman with a leading shop in the future.

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
  • 113
    View loans »
    Rwanda Loans Fundraising
  • $12,654,950
    Funds lent in using Kiva
  • 598.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Samuel to buy more items to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 20, 2011
Listed
Jan 24, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011