Innocent is 31 years old and single. He has been selling cement and foodstuffs for seven years. Innocent will use this loan to purchase more cement and foodstuffs to sell. With the new profits from his expanded business, he plans to build a house. In the future, he would like to become a sole distributor of cement.
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.