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Eugene
Eugene is 24 years old and single. He owns a shop where he sells many items such as soap,Omo,shoes and traditional fabric known as bitenge. Eugene is very hard working and has been having this business for the past year.Since starting his business he has been able to buy a piece of land.

Eugene is requesting a loan to purchase more clothes and increase his profits. In the future, he plans to open up a bar in addition to his business.

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
  • 94
    View loans »
    Rwanda Loans Fundraising
  • $13,450,325
    Funds lent in using Kiva
  • 592.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Eugene to purchase clothes.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 14, 2011
Listed
May 20, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011