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Emmanuel
Emmanuel is 32 years old. He is married to a business woman. They have two children between the ages of 5 months and 5 years. He owns a bar where he sells different items such as beer and soda. He wants the loan to add more beers and sodas to the stock for sale. The profits from the business will be used for savings.

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
  • 28
    View loans »
    Rwanda Loans Fundraising
  • $13,754,400
    Funds lent in using Kiva
  • 621.3
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Emmanuel to buy more beers and sodas for sale.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 3, 2012
Listed
Oct 3, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013