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Pascal
Pascal, 33, is married with one child who is going to school. For the past five years he has been selling groceries to earn a living.


Pascal is applying for a 550,000 RWF through Urwego to buy more rice, sugar and soap to augment his stock. The profits from his business will be used to build his family a house.

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
  • 31
    View loans »
    Rwanda Loans Fundraising
  • $11,741,025
    Funds lent in using Kiva
  • 687.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Pascal to buy more rice, sugar and soap to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 13, 2014
Listed
Aug 19, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015