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Aimable
Aimable is 26 years old and married, but does not yet have children. He has been selling used clothing in a market for the past seven years. He has been successful because he works hard and the clothes he sells are very different from those offered by his competitors. From the success of his business he has been able to buy health insurance for himself and his wife.

With this loan, Aimable hopes to increase his inventory of clothing. Eventually, he hopes to have a wholesale store and sell to local retailers.

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
  • 41
    View loans »
    Rwanda Loans Fundraising
  • $18,427,025
    Funds lent in using Kiva
  • 589.2
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Aimable to buy more clothes for resale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 20, 2010
Listed
Jul 28, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2011