Vincent is 27 years old. He is married and has one child who is six months old. His wife works as a farmer.
Vincent sells cattle and green bananas. He has spent eight years in this business. He is requesting a loan to buy more cattle and green bananas to sell. He says that he wants to expand his business because it has helped him to provide for his family over these years. He will save and reinvest some of the profit from this business.
In the future he would like to sell a variety of products and to add more value to what he has been doing.
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.