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Elias
Elias is 29 years old and married. He and his wife do not yet have children. For the past two years, Elias has owned a general store where he sells sugar, cassava flour, and peanuts. His wife runs the business with him and the store allows them to easily meet their needs.

Elias is requesting a loan to buy more food items such as cassava flour and peanuts to sell. With the profit he hopes to make, Elias would like to finalize the construction of his house.

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
  • 44
    View loans »
    Rwanda Loans Fundraising
  • $13,837,625
    Funds lent in using Kiva
  • 592.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Elias to buy food items such as cassava flour and peanuts to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 14, 2011
Listed
Apr 30, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011