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) helps underserved Rwandans by providing its clients with the necessary credit and savings capabilities required for economic 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.