This is a 40-year-old Rwandan entrepreneur with four children between the ages of 6 and 20 years old. Her husband works in a hotel and she runs a general store.
She has been running her store for the past six years, and she requires this loan so that she may purchase beans, rice, and cooking oil that she will sell for a profit. She hopes to generate enough profits so that she can accumulate savings.
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.