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Wellars
Wellars is 52 years old. He sells bananas and sorghum, which he has been doing for 15 years. Wellars is requesting a loan, which he will use to buy more bananas and sorghum. The profits from the business will be used to pay school fees.

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

  • $1,700
    Average annual income
  • 33
    View loans »
    Rwanda Loans Fundraising
  • $14,263,150
    Funds lent in using Kiva
  • 635.2
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Wellars to purchase bananas and sorghum to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2013
Listed
Mar 25, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 19, 2013