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Gaspard
Gaspard is 33 years old, married and the father of three children, all of whom attend school. He earns a living by selling shoes and has been in this line of work for three years. He is requesting a loan to buy more shoes to sell, and plans to use the profit he earns to buy a house for his family to live in because he is tired of renting.

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
  • 47
    View loans »
    Rwanda Loans Fundraising
  • $12,350,475
    Funds lent in using Kiva
  • 602.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Gaspard to buy more shoes to sell to his customers.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 5, 2012
Listed
Aug 8, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012