Assouma is 20 years old. She is married and has one child who is two and a half years old. Her husband is a businessman selling second-hand clothes. Assouma sells clothes as well. She has spent two years in this business. With this loan she will buy more clothes to sell. She plans to build a house with profits made from this business. She says that her business is successful because of its strategic location in relation to her customers.
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.