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Valens
Valens is 34 years old. He is a father of three children between the ages of 3 and 11 years old. Valens sells different items in his business. Currently, he sells food and has spent three years in the business. With the loan, he would like to buy more potatoes, corn and beans for resale. The profits from the business will be used to reinvest 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.

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About Rwanda

  • $1,700
    Average annual income
  • 37
    View loans »
    Rwanda Loans Fundraising
  • $16,926,975
    Funds lent in using Kiva
  • 679.1
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,475 helped Valens to buy more corn, beans and potatoes for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 12, 2014
Listed
Mar 16, 2014
Currency Exchange Loss:
Possible
Ended:
Jul 25, 2014