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Faustin
Faustin is 31 years old and married with four children ages 4 to 14. The two eldest children attend school. He is a moto taxi driver and has been running this business for 1 year. Faustin would like a loan to buy another motorcycle so he can make more profit in his business. He will use any profit to buy a plot of land to build a home on. He dreams of one day owning a car.

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
  • 42
    View loans »
    Rwanda Loans Fundraising
  • $17,124,425
    Funds lent in using Kiva
  • 596.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Faustin to buy another motorcycle for transport.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 11, 2011
Listed
Dec 9, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012