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Alexandre
Alexandre is 33-years-old with 2 children ages 1 and 8. The oldest child is currently in school. His wife works with him in his business of selling wood and wood handicrafts. He has been running this business for 2 years and would like the loan to buy more wood. He will use the profits to renovate his 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

  • $1,700
    Average annual income
  • 48
    View loans »
    Rwanda Loans Fundraising
  • $15,329,275
    Funds lent in using Kiva
  • 593.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Alexandre to buy more woods for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 29, 2011
Listed
Oct 27, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012