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Ephraim
Ephraim is 36 years old. He has two children who are four and two years old. His wife sells different kinds of merchandise. Ephraim owns a little restaurant in which he sells African dishes and he has been in this business for three years. He is requesting a loan to buy different kinds of foodstuffs and some restaurant equipment. He planes to renovate his house with the additional profits he hopes to make.

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
  • 24
    View loans »
    Rwanda Loans Fundraising
  • $11,741,025
    Funds lent in using Kiva
  • 592.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Ephraim to buy foodstuffs and some restaurant equipment.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2011
Listed
Apr 26, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011