Regine is 28 years old. She is married with 3 children whose ages range between 3 and 7 years. They are not yet in school. Her husband is a businessman. Regine has a shop where she sells sugar, salt, candles, maize flour, rice, soap , Vaseline, etc. She has been in this business for 4 years. The loan will be used to buy more goods to sell and with the profits she will pay school fees for her children and put aside savings. Regine is also famous for selling beer in her neighborhood so in return she gets customers to buy shop commodities as well. She is hoping to open up a big shop in the future selling commodities wholesale.
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.