Arvera is 34 years old and has 2 children aged 14 and 17, and are both in school. She sells different types of foodstuffs like peanuts, sunflower oil and small fish. She buys them from neighboring countries and sells them in Rwanda.
She has run this business for the last 14 years. She needs a loan to purchase more foodstuffs to sell in her store. She will use the profits along with her savings to buy a house.
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.