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Joseph
Joseph is 29 years old. He is married with two children; only one goes to school. He sells beer and sodas. With the loan, he wants to buy more different types of beers and sodas for sale. The profits from the business will be used to make 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
  • 30
    View loans »
    Rwanda Loans Fundraising
  • $13,326,100
    Funds lent in using Kiva
  • 634.8
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Joseph to buy more beer and sodas for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 21, 2013
Listed
Mar 17, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 19, 2013