Mary is 48 years old. She is a widow and has four children between the ages of 14 and 25. All of her children are enrolled in school. She owns houses that she rents out and she also sells clothes. She says that her clothing business is well known and clients can either come to her shop or she will deliver to them. With the proceeds from this loan, Mary will purchase more clothes to sell.
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.