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Philbert
Philbert is 31 years old. He is the father of four children, all of whom go to school.



For the past three years, he has been selling sodas, maize flour and bananas to earn a living.



With the requested loan proceeds, he would like to buy more bananas and maize flour for re-sale purposes. With the profits he expects to generate from the business as a result of the loan, he would like to expand his 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
  • 46
    View loans »
    Rwanda Loans Fundraising
  • $18,405,775
    Funds lent in using Kiva
  • 670.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Philbert to expand his business by purchasing additional bananas and maize flour for re-sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 27, 2013
Listed
Dec 22, 2013
Currency Exchange Loss:
Possible
Ended:
May 6, 2014