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Tharcisse
Tharcisse is 55 years old and the father of four children who range in age from 10 to 20 years old. All of his children are enrolled in school. He earns a living by selling materials which cobblers use to make shoes, and is requesting a loan to buy advanced equipment for making shoes. With the profits from his business, he wants to renovate his house, which was damaged by heavy rain.

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
  • 50
    View loans »
    Rwanda Loans Fundraising
  • $15,329,275
    Funds lent in using Kiva
  • 597.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Tharcisse to buy more more advanced shoe-making equipment.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2012
Listed
Jun 14, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012