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Jean Damascene
Jean Damascene is 23 years old, and he is married with two children who are ages 1 1/2 and 3 years old. His wife is a farmer. He owns a bar in which they sell different kinds of beer, soft drinks such as sodas, and he also sells a few foodstuffs.This business has enabled him develop his standards of living. J. Damascene is requesting a loan to buy more beer,sodas and some foodstuffs in order to make more profits.His is planning to expand 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

  • $1,700
    Average annual income
  • 58
    View loans »
    Rwanda Loans Fundraising
  • $15,230,850
    Funds lent in using Kiva
  • 593.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Jean Damascene purchase beer, soft drinks and foodstuffs to resell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2011
Listed
May 20, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011