Alphonsine is 34 years old. She is a widow and has two children who are between two and six years old. Alphonsine has one dependent whom she cares and all her two children and one dependent are enrolled in school. Alphonsine sells vegetables and she has had this business for ten years. She says that her business was successful in that she gained a house from this business. With this new loan, she will buy more vegetables to sell. She said that with the new profits from her business she will establish a shop stocked with various items. In the future, she wishes to have a nice place compared to what she has currently.
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.