Rosette is 34 years old, married and has eight children who are between seven months and fifteen years old. Currently, six of her children attend school. Rosette sells clothes, which she has done for seven years. Her husband is a carpenter. Rosette will use the loan to purchase more clothes to sell. With the new profits from her expanded business, Rosette plans to refurbish her house.
About Urwego Opportunity Bank of Rwanda (UOB)
Urwego Opportunity Bank (UOB) helps underserved Rwandans by providing its clients with the necessary credit and savings capabilities required for economic transformation. It offers credit products, including group and individual loans, as well as training in business development, financial literacy and health management. UOB loan products leverage social collateral since most group members have little to no collateral.