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Edouard is 49 years old. He is a father of nine children, seven of whom attend school. He owns a bar and has been in that business for 17 years. With the loan, he will buy more beers, mutzig (a type of beer) and sodas to sell. He plans to use the profits to expand his stock of beers to become a distributor in the future.

Additional Information

About Urwego Opportunity Bank of Rwanda (UOB)

Urwego 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
  • 9
    View loans »
    Rwanda Loans Fundraising
  • $15,423,225
    Funds lent in using Kiva
  • 597.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Edouard to buy more beers, mutzig and sodas to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
May 17, 2012
Jun 9, 2012
Currency Exchange Loss:
Dec 15, 2012