Ephraim is 36 years old. He has two children who are four and two years old. His wife sells different kinds of merchandise. Ephraim owns a little restaurant in which he sells African dishes and he has been in this business for three years. He is requesting a loan to buy different kinds of foodstuffs and some restaurant equipment. He planes to renovate his house with the additional profits he hopes to make.
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.