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Denis
Denis is single and has no children. He has a general store where he sells goods such as rice, sugar, and cooking oil. He has been selling these products for one year on a wholesale basis. This business has enabled him to meet the needs of his extended family. Denis needs a loan to be able to expand his business by buying more foodstuffs. With his profits he wishes to build a family 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
  • 53
    View loans »
    Rwanda Loans Fundraising
  • $13,837,625
    Funds lent in using Kiva
  • 591.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Denis to buy more foodstuffs for resale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 22, 2011
Listed
Oct 12, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2012