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Felix is a 24-year-old Rwandan entrepreneur. He is not married and for the past five years has owned a general store selling rice, sugar, cooking oil, etc.

He will use this loan to purchase more goods to sell in his store so he can continue to generate more profits. In the future, he plans to build a house for himself and dreams of having a larger store.

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
  • $15,325,750
    Funds lent in using Kiva
  • 594.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Felix to buy goods for sale such as cooking oil, sugar, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Jun 22, 2011
Jul 25, 2011
Currency Exchange Loss:
Nov 15, 2011