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Valens is 40 years old. He owns a store where different beers are sold. With the loan, he wants to buy more beers and sodas to sell. The profits from the business will be used to renovate his house.

Additional Information

About Urwego Opportunity Bank of Rwanda (UOB)

Urwego Opportunity Bank (UOB) helps underserved Rwandans by providing its clients with the necessary credit and savings capabilities required for economic transformation. It offers credit products, including group and individual loans, as well as training in business development, financial literacy and health management. UOB loan products leverage social collateral since most group members have little to no collateral.

About Rwanda

  • $1,700
    Average annual income
  • 15
    View loans »
    Rwanda Loans Fundraising
  • $15,580,500
    Funds lent in using Kiva
  • 650.4
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Valens to buy more beers and sodas to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jun 3, 2013
Jul 6, 2013
Currency Exchange Loss:
Dec 17, 2013