Angelique is 23 years old, married and has one child who is six months old. Angelique sells foodstuffs, cooking oil, and soda, which she has been doing for four years. Her husband is a motorcyclist.
Angelique will use this loan to buy more merchandise to sell. With the new profits from her expanded business, Angelique plans to build a house. In the future she would like to become a wholesaler.
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.