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Thade
Thade is a father of five children who ages range from 10 to 22 years old. He is 56 years old and very hardworking. Thade works with his wife selling secondhand clothes. He has been running this business for 20 years and it's doing well. It has enabled Thade and his wife to educate their children, feed the family and buy an exotic breed of cow which provides them with milk.

Thade needs a loan to purchase more clothes and make more profits. He bought a piece of land which he partially paid for, and plans to pay the balance in installments. Thade will use the profits to help pay for the land.

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
  • 63
    View loans »
    Rwanda Loans Fundraising
  • $15,272,975
    Funds lent in using Kiva
  • 593.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Thade to buy clothes for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2011
Listed
Jun 25, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011