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Yoramu
Yoramu is 49 years old. He is a married man with seven children and all go to school. He sells various items in the business and has been in the business for the past three years. With the loan, he wants to buy add more items such as soap, sugar and salt to sell. The profits from the business will be used to pay school fees for his 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

  • $1,700
    Average annual income
  • 29
    View loans »
    Rwanda Loans Fundraising
  • $14,171,825
    Funds lent in using Kiva
  • 605.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Yoramu to buy more items such as soap, sugar and salt to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2012
Listed
Jul 14, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012