Jacqueline is 24 years old, married and has two children who are between three and six years old. Currently, one of her children attends school. Jacqueline owns a restaurant, which she has done for 5 years. Her husband is a precious metals dealer. Jacqueline will use the loan to purchase food and drinks for the betterment of her restaurant growth. With the new profits from her expanded business, Jacqueline plans to establish another restaurant. In the future, she would like a larger loan.
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.