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Marc
Marc is thirty years old and has three children aged between three and six years. He runs a music business.


Marc is applying for a 500,000 RWF loan through Urwego Opportunity Bank to buy a laptop for use in his music business. He plans to use the profits for paying school fees.

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
  • 37
    View loans »
    Rwanda Loans Fundraising
  • $16,926,975
    Funds lent in using Kiva
  • 649.3
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Marc to buy a laptop for use in his music business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 15, 2013
Listed
Jun 17, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013