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Claver
Claver is 45 years old and married to a businesswoman. He has seven children between the ages of 1 and 22. He has been selling shoes for the last 9 years. Claver would like a loan to buy more shoes to sell. He would like to use the profits to buy a plot of land and a cow.

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
  • 28
    View loans »
    Rwanda Loans Fundraising
  • $13,754,400
    Funds lent in using Kiva
  • 596.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Claver to buy more shoes for sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 27, 2011
Listed
Nov 26, 2011
Currency Exchange Loss:
Possible
Ended:
May 15, 2012