Sylivie is a 32-year-old Rwandan entrepreneur who, for the past ten years, has run a business selling vegetables and fruit such as onions and berries. Her husband works in house construction and the couple has three children between the ages of three and nine years old. The profits from Sylivie’s business have enabled her to pay the school fees for her children.
Sylivie is requesting a loan to purchase more vegetables that she will sell for a profit. She plans to use the future profits from her business to begin construction on her family’s house.
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.