Faustin is 25 years old, and his shop is called Amizero. He is single and very hardworking. Faustin owns a boutique in which he sells rice, flour, wheat and other foodstuffs. Faustin has done this business for 3 years, and it has enabled him buy his own motorcycle and a piece of land. He is requesting a loan in order to buy more foodstuffs and hence make more profits. Faustin plans to use his profits for his house construction.
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.