Anathalia is a 47-year-old Rwandan entrepreneur who runs a hardware store with her husband. The store sells many goods such as hoes, construction materials, paint, and tents and has been operating successfully since 2004. Anathalia and her husband have five children ranging in age from 9 to 22 years old.
With the loan, she plans to buy more tents and paint so that she can continue to meet the demands of her customers. With the extra money generated thus far from this business, Anathalia has been able to buy a house and car and support her children through school. This loan will help her continue to be able to support the needs of her family.
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.