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) 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.