Consolee is a mother of two children who are ages four and six years old. Her husband is a civil servant. Consolee sells second-hand clothes and she has been selling clothes for the past eight years. Throughout these years, this business has enabled her to pay her children school fees and meet the needs of her family. She needs a loan to buy more clothes and hence make more profits. With the profits she plans to save until she can afford to buy a piece of land.
About Urwego Opportunity Bank of Rwanda (UOB)
Urwego 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.