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Marc
Marc is thirty years old and has three children aged between three and six years. He runs a music business.


Marc is applying for a 500,000 RWF loan through Urwego Opportunity Bank to buy a laptop for use in his music business. He plans to use the profits for paying 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
  • 59
    View loans »
    Rwanda Loans Fundraising
  • $15,325,750
    Funds lent in using Kiva
  • 649.3
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Marc to buy a laptop for use in his music business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 15, 2013
Listed
Jun 17, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013