Celestin sells goats. He is married and has four children who are between one and twelve years old. His wife is a business woman who sells cooking oil and sugar. Celestin has been selling goats for fifteen years. He needs this loan to buy more goats to sell. He intends to use the profits from this business to build his new planned house. In the future, he would like to hire his own vehicle for transporting goats instead of making contributions to various goat dealers.
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.