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Emmanuel
Emmanuel is 49 years old. He is married with five children who all go to school. He sells sorghum and owns a meal milling machine where the neighborhood brings their cereals to get flour from sorghum and maize. With the loan, he wants to buy an engine for his meal milling machine. The profits from the business will be used to pay school fees for the children and renovate the house.

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
  • 36
    View loans »
    Rwanda Loans Fundraising
  • $14,382,325
    Funds lent in using Kiva
  • 597.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Emmanuel to buy an engine for his meal milling machine.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 28, 2012
Listed
Jun 23, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013