Aimable is 26 years old and married, but does not yet have children. He has been selling used clothing in a market for the past seven years. He has been successful because he works hard and the clothes he sells are very different from those offered by his competitors. From the success of his business he has been able to buy health insurance for himself and his wife.
With this loan, Aimable hopes to increase his inventory of clothing. Eventually, he hopes to have a wholesale store and sell to local retailers.
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.