Josette, 27 years old, is the mother of a one-year-old child and her husband is a technician. Josette owns a store in which she sells different kinds of foodstuffs such as beans, cooking oil, rice, etc. She has run this business for three years and it is doing well. This business enables her to feed and meet the needs of her family and everything is going well. She is requesting a loan to buy more foodstuffs such as rice, beans and cooking oil to sell in order to make more profits. She wishes to use the profits to begin her family house construction.
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.