Angelipue is a Rwandan entrepreneur that runs a store. She has been running her business for five years and so far used the profits from it to build her family a house.
Angelipue is married to a mechanic and together they have two children that are 2.5 and 4 years old. They are not yet in school as they are still too young.
She will use this loan to purchase wheat flour, cooking oil, and charcoal that she will sell as her business. She plans to use the profit from her business to accumulate savings that will allow her to renovate her house.
Angelipue’s goal for her business is that it will grow three times larger, continuing to provide for herself and her family’s well-being.
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.