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Alexis
Alexis is 29 years old. He is very hardworking. He owns a general store in which he sells a variety of items such as radio batteries, rice, sugar, and clothes. Alex is requesting a loan to buy more batteries, rice and sugar in order to increase his inventory.

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
  • 101
    View loans »
    Rwanda Loans Fundraising
  • $13,479,850
    Funds lent in using Kiva
  • 592.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Alexis purchase batteries, sugar, and rice to resell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 9, 2011
Listed
Mar 30, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011