Marie Claudine is 26 years old and married to a vet. She has two young children who are nine months and four years old. Her oldest child attends school. Marie Claudine sells seeds and fertilizers. She has been in this business for about four years.
She would like to get a loan to purchase additional seeds and fertilizers to sell. She is pleased with her business as it allows her to provide for the needs of her family.
The profit from this business will be used to buy a cow to provide milk for her children. In the future, she hopes to get a larger loan amount of 800,000 Rwandan francs.
About Urwego Opportunity Bank of Rwanda (UOB)
Urwego 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.