Since 1999, Beatrice has been running a general store that originally sold only charcoal but now carrles many other items as well. She will use this loan to purchase goods such as maize flour, rice, and milk to meet the growing demand of her customers. With her business profits, Beatrice plans to pay the school fees for her children and provide for the well-being of her family.
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