Josephine is 32 years old, married and has four children. Currently, all four of her children go to school. Josephine sells soft drinks like sodas and tea, which she has been doing for 10 years and her husband is a TV technician.
Josephine will use the loan to increase the capacity of her business. With the new profits from her growing business, Josephine plans to reinvest in her soft drink sales to continue to grow her revenue.
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.