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Felix
Felix is 40 years old. He is married to a businesswoman. They have three children together and all the children attend school. He owns a hardware store, and has been selling construction materials for 10 years. With the loan, he wants to add more construction materials to sell. The profits from the business will be used to provide food for the 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
  • 123
    View loans »
    Rwanda Loans Fundraising
  • $13,002,900
    Funds lent in using Kiva
  • 602.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Felix to buy more construction materials to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2012
Listed
Jul 13, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012