Claudine is 30 years old. She has 4 children between 2 and 9 years old. She owns a shop in which she sells cooking oil, sugar, salt and rice. She has been running this business for 7 years and her business is doing well. This business has enabled her to pay for her children’s schooling as well as feed her family. Claudine is requesting a loan to buy more items to sell in her shop, such as sugar, salt, cooking oil, etc. With the profits generated, she plans to renovate her 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.