Xaverina is 49, widowed and has two children who are 23 and 19 years old. For the last 10 years, she has made a living selling food such as green bananas. She has applied for this loan to buy more bananas to sell to her customers, and hopes to use the money she earns to pay her children's school fees and continue expanding her small business.
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.