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Joel
Joel is 41 years old. He is a father of one child. He runs a barber shop and has been in the business for the past eight years. With the loan, he would like to buy more hair clipper machines for his salon. The profits from the business are expected to be reinvested in the same business.

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
  • 50
    View loans »
    Rwanda Loans Fundraising
  • $16,930,400
    Funds lent in using Kiva
  • 671.1
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Joel to buy more hair clippers for use in his salon.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 8, 2013
Listed
Nov 10, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014