Odile is 21 years old and married with a child of four months. Her husband works as a mechanic. Odile has operated a business selling motorbike and bicycle spare parts for four years. She says that her business has done a lot in her life. With this loan, she expects to buy more spare parts to sell. The profits will be used to reinvest and import spare parts. She would like to be a great spare parts dealer in the future.
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.