Angelique owns a business that sells sugar, mineral water, flours of different products and tomato sauces. She is 23 years old, married and has one child of three weeks. Her husband is a mason. Angelique has been selling sugar, flours of different products for three years. Her loan will be used to buy more items to sell. She hopes to use the new profits from her business for saving to build a house. Angelique dreams of having a shop 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.