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Gad
Gad is 25 years old. He is married with a businesswoman but they haven’t had any children. He sells various items in his shop and has been in the business for two years. He wants this loan to buy more items such as rice, beans, and sugar to sell. He wants to renovate his house with the profits.

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
  • 68
    View loans »
    Rwanda Loans Fundraising
  • $11,850,375
    Funds lent in using Kiva
  • 635.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Gad to buy more beans, rice and sugar to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 13, 2013
Listed
Apr 16, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013