Marie Rose is 35 years old. She is married to a businessman who sells cooking oil. She has five children who are between the ages of four and fifteen years old. All her children attend school. Marie Rose sells vegetables and has been doing so for a period of fifteen years. She needs a loan to buy more tomatoes, carrots and peas. She says that her business is important because it helps her to finance needed expenditures for the well-being of her family. Marie Rose plans to use the profits from her business to pay for school fees. She dreams of being a wholesaler in the future.
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.