Olive is 25 years old. She has two children who are ages 2 and 6. Her husband sells foodstuffs. Olive sells second-hand clothes, and she has been doing this business for two years. From this business, she has managed to buy a piece a land for which she plans to build a house for her family. She is requesting a loan to buy clothes to sell in order to make more profits. With the profits she hopes to make, she plans to begin construction of her family 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.