Claudine owns a business selling fish and palm oil. She has been in this business for eight years. She is 35 years old, married, and has three children who are between seven and fourteen years old. Her husband is a mechanic.
Claudine will use her loan to buy more fish to sell. She hopes to use the new profits from her business to continue to grow her business. Claudine says that she started out small but she has grown and even managed to build a house from the profits of her trade. She dreams of being a wholesaler 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.