Emerance owns a small shop, where she sells various everyday items such as soap and matches, as well as green bananas. Her business has enabled her to pay for her children’s school fees. She is requesting a loan to buy more green bananas. With the additional profits she expects to generate as a result of the loan, she plans to continue to pay her children’s school fees.
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.
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Success!! The loan was 100% repaid