Anne is 32 years old; she is married with five children who are between five months and ten years old, including a pair of twins. Four of her children go to school. Her husband works as a taxi driver. Anne sells both food stuffs and soft drinks in her shop. She has spent six years in this business. She has requested this loan to buy more foodstuffs and soft drinks to sell. She hopes to use this new profit from expanded business to renovate and install electricity in her house. She would like to have a loan amount of five million in the future.
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.