Alphonsine is a 31-year-old Rwandan entrepreneur with six children between two months and 12 years old. The youngest child is not yet in school. Her husband works as a moto taxi driver
For the past 10 years, she has sold foodstuffs. The business has enabled her to feed her children and meet the overall needs of family.
She needs a loan to buy more foodstuffs such as sorghum. She will save all future profits and continue paying school fees for her children.
About Urwego Opportunity Bank of Rwanda (UOB)
Urwego 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.