Laurence is 44 years old and has one child who is 16 years old. She owns a general store in which she sells several items such as rice, maize flour, cooking oil, soap, sugar, etc. She has had this shop for 10 years and it has always helped her meet all her family's needs. She is requesting a loan to buy more items such as maize flour,cooking oil,rice etc and fill her store and with the profits she plans to reinvest in her business by buying more items and make more profits.
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.