Jean Paul is 27, unmarried, and does not have any children. For the past six years, he has run a shop where he sells common supplies such as salt, sugar, and other various items. So far, this business has allowed himl to purchase a piece of land. With the profits he hopes to realize from this loan, he wants to increase his capital and eventually buy his own house.
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.