Pelagie is married and has two children who are 17 months and 4 years old. She is 37 years-old and her husband is a policeman. Pelagie has a shop that sells a variety of items including children's clothes, shoes and clothing materials. She also sells household items such as match boxes, cooking oil, candles, soap and other goods.
Pelagie has had this business for three years. She is requesting this loan in order to expand her shop and buy more items to sell, such as sugar. She also wants to buy another wedding gown to add to the one she has for rent.
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 eonomic 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.