Rosine is a 30-year-old Rwandan entrepreneur. She has a child who is 4 and in school. Her husband is a construction worker. For the past 10 years, Rosine has been running a business as a tailor. The success of her business has enabled her to take care of her child.
She will use the requested loan to purchase a specialty sewing machine that can create hems. This will improve the quality of her product and ensure that she continues to expand her client base. With the profits from this business, she plans to provide for her family, pay for her child’s school fees, and accumulate savings. Her goal as a savvy businesswoman is to one day open up her own workshop.
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.