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Emmanuel
Emmanuel is 34 years old and has four children aged between 3 and 10. Three of them go to school. He sells bedsheets and bed covers and has been in business for 15 years. He wants the loan to add more bedsheets and bed covers to sell. The profits from the business will be used to build a store for him to use in the business.

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
  • 55
    View loans »
    Rwanda Loans Fundraising
  • $11,760,875
    Funds lent in using Kiva
  • 621.8
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Emmanuel to buy more bed sheets and bed covers for sale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 6, 2012
Listed
Oct 10, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013