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Ignace
Ignace is 33 years old. He sells shoes and has been in the business for 10 years. With the loan, he will buy more shoes to sell. His wife is a businesswoman, and the profits from the business will be used to make more 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
  • 59
    View loans »
    Rwanda Loans Fundraising
  • $12,325,600
    Funds lent in using Kiva
  • 649.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Ignace to buy more shoes to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 10, 2013
Listed
Jun 6, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013