Fatuma is 32 years old, married and has two children. Currently, two of her children attend school. Her husband is a driver. Fatuma sells cooking oil, rice, salt, fish and vegetables, which she has done for three years. Fatuma will use the loan to add more items for sale. With the new profits from her expanded business, Fatuma hopes to buy a house.
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.