Marie Claudine sells fertilizers for a variety of plants including wheat, carrots, and some fruits. She has been in this business for over five years and plans to use this loan to expand the types of fertilizers she carries, including fertilizers for cabbage. She also plans to buy seeds and insecticides to sell to local farmers. The seeds Marie Claudine will purchase are sealed in tin cans and last for a long time. With the profits she hopes to purchase a cow to ensure a constant supply of milk for her family, and eventually she anticipates buying a house so she no longer has to rent.
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.
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Success!! The loan was 100% repaid