Virgnie, 48 years old, has five children ranging in age from 18-28 years old. Her husband doesn’t work. Virginie has been selling green bananas on a wholesale basis for 15 years, thus enabling her to pay for her children's school fees and their medical insurance. She is now requesting a loan to buy more green bananas to sell, and will use the additional profits to help expand her business.
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.