Seraphine is 43 years old, married and has four children who are between the ages 2 and 11. Her husband is a farmer, and she makes a living by selling different types of flour. She is applying for this loan in order to buy more flour to sell to her customers. Eventually, she hopes to buy other items to sell in her shop, and also open up a wholesale business.
About Urwego Opportunity Bank of Rwanda (UOB)
Urwego Opportunity Bank (UOB) is a Rwandan bank specializing in microfinance. It offers credit products to individuals and groups interested in starting or expanding their businesses. It also offers training in business development, financial literacy and health management. Given that approximately 90% of the Rwandan population is directly or indirectly related to the agricultural sector, Kiva lenders’ funds will be used to support UOB’s agricultural loan products, which are vital to the clients living in remote areas.