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Elisee
Elisee is 33 years old. He is married with three children aged between one and eight. Only two go to school. He sells breads and has owned a bakery for the past nine years. With the loan, Elisee would like to buy more bakery flour to make very delicious cakes and breads for sale. He plans to use the profits to reinvest in the same business.

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
  • 25
    View loans »
    Rwanda Loans Fundraising
  • $13,391,375
    Funds lent in using Kiva
  • 657.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Elisee to buy more bakery flour to make cakes and breads for sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 21, 2013
Listed
Sep 28, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2014