Claudine owns a bar. She is married and has one child who is seven years old and goes to school. Her husband works as a technician.
Claudine plans to use this loan to buy more chairs, tables, and drawers and cabinets which will be used in her bar. She said that any profits made will be used solely to reinvest and grow her business. Currently she has only a few bartenders but would like to have more 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.