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Celestin
Celestin is 27 years old. He is single and has owned a bar for the past year. He has requested a loan to buy more beers and soft drinks, such as sodas and mineral waters, to sell. He plans to reinvest his profits back into the 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.

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About Rwanda

  • $1,000
    Average annual income
  • 122
    View loans »
    Rwanda Loans Fundraising
  • $12,971,425
    Funds lent in using Kiva
  • 678.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Celestin to buy more sodas and beers to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 11, 2014
Listed
Mar 15, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 30, 2014