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Emmanuel
Emmanuel is 30 years old and married to a businesswoman. He has four children aged between 2 and 13; all are enrolled in school.

He sells different items such as rice, beans and soaps in the shop that he has been running for the period of seven years. With the loan, he will buy more rice and beans to sell. Emmanuel plans to use the profits for savings, to pay school fees for his children and to provide food for his family.

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
  • 24
    View loans »
    Rwanda Loans Fundraising
  • $11,741,025
    Funds lent in using Kiva
  • 595.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Emmanuel to buy more rice and beans to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 8, 2011
Listed
Dec 28, 2011
Currency Exchange Loss:
Possible
Ended:
May 15, 2012