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Sylvestre
Sylvestre is 48 years old. He is married to a businesswoman. They both have five children and they all go to school. He makes local juice from sorghum and has spent 4 years in the business. With the loan, he wants to buy more sorghum so that he can make more juice. He plans to put the profits into 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
  • 55
    View loans »
    Rwanda Loans Fundraising
  • $11,760,875
    Funds lent in using Kiva
  • 633.5
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Sylvestre to buy more sorghum to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2013
Listed
Feb 24, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013