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Israel
Israel is 42 years old. He is married to a farmer with nine children. All of them go to school. He sells different items such as soap, salt and cooking oil, a business which he has been running for the past 10 years. He has requested the loan to buy more similar items to add to the same business inventory. With the profits, he will pay school fees for the children.

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 $775 helped Israel to buy more soap, salt and cooking oil.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 14, 2011
Listed
Jan 18, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012