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Jean De Dieu

Update on Jean De Dieu

Jean De Dieu is 25 years old. He is single and has a goal of accomplishing more in his business of selling used batteries. He has spent four years in the business. He has courage and is motivated by getting a loan to buy more batteries to sell. He plans to use the profits from the business to increase his savings in the hopes of improving the future of the business.

Previous Loan Details

Jean De Dieu is 24 years old and single. He sells computer accessories. He would like to get this loan to buy more accessories for sale. With the profits from the business, he will provide food for his family. More from Jean De Dieu's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Rwanda

  • $1,000
    Average annual income
  • 23
    View loans »
    Rwanda Loans Fundraising
  • $11,707,575
    Funds lent in using Kiva
  • 643.4
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Jean De Dieu to buy more batteries to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2013
Listed
May 30, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013
This photo was used before for a previous loan for Jean De Dieu. It was first posted on Kiva on Jan, 2013. Learn More