Enid is 49 years old, married, and has two children who are fourteen and eighteen years old. Currently, both of her children attend school. Enid sells snacks, which she has done for one and a half years. Her husband is a lecturer. She has decided to request this loan to add more snacks to her business inventory. With the new profits from her expanded business, Enid plans to reinvest in her business. She dreams of having a dairy because she has realized that it can generate more income in the future.
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.