Jacqueline owns a restaurant. She is 50 years old, married, and has four children who are between six and seventeen years old. Her husband sells cattle. Jacqueline has been selling cooked food in her restaurant for two years. Her loan will be used to buy more foodstuffs. She hopes to use the new profits from her business to buy a motorcycle which will be used for transportation.
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.