Safiya is 28 years old. She is married to an accountant who works for the bank. They have two children who are two and ten years old. Safiya owns a beauty salon and she has had this business for four years.
She has requested this loan to buy more shampoo, conditioner and hair care products. The expected profit from this business will be used for savings. Safiya says that her business has done achievable things like paying school fees for her children and also sustains her home needs.
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.