Elias is 29 years old and married. He and his wife do not yet have children. For the past two years, Elias has owned a general store where he sells sugar, cassava flour, and peanuts. His wife runs the business with him and the store allows them to easily meet their needs.
Elias is requesting a loan to buy more food items such as cassava flour and peanuts to sell. With the profit he hopes to make, Elias would like to finalize the construction of his 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.