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Evariste
Evariste is 50 years old and has nine children who range in age from 3 to 22. All of them are in school. He earns a living by selling charcoal in a shop he has run for the last 25 years. He is applying for this loan to buy more sand and stones to make into bricks to sell to his customers. Evariste plans to use the profits made possible by this loan to plant trees which he will use in the future. His goal is to double his profit in the coming years.

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
  • 31
    View loans »
    Rwanda Loans Fundraising
  • $14,314,275
    Funds lent in using Kiva
  • 596.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Evariste to buy sand and stones to make into bricks.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 15, 2011
Listed
Nov 26, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012