For the past five years Laurence has operated a general store in which she sells different kinds of items such as rice, cooking oil, Irish potatoes, beans, etc. Her business is going well. With her husband, she has been able to meet the needs of her family and pay her children’s school fees.
Laurence is requesting a loan to buy more items for her store so as to make more in profits. With the profits she plans to 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.
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Success!! The loan was 100% repaid