He is a 39-year-old Rwandan entrepreneur with two children who are five and eight years old. Both of his children are in school. He and his wife run a general store.
He has run this store for the past six years selling sugar, rice, beans and other goods.
He requires this loan so that he can purchase more goods that he will sell for a profit.
In the future, he will save all his profits in order to expand his business.
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.