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) 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.