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Faustin is 31 years old and married with four children ages 4 to 14. The two eldest children attend school. He is a moto taxi driver and has been running this business for 1 year. Faustin would like a loan to buy another motorcycle so he can make more profit in his business. He will use any profit to buy a plot of land to build a home on. He dreams of one day owning a car.

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
  • 46
    View loans »
    Rwanda Loans Fundraising
  • $15,218,725
    Funds lent in using Kiva
  • 596.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Faustin to buy another motorcycle for transport.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Nov 11, 2011
Dec 9, 2011
Currency Exchange Loss:
Apr 15, 2012