Liberathe is 45 years old and has 7 children aged between 3 and 20. All of her children attend school. She sells bananas and other food items. She would like to use the loan to buy more goods for her store and become a wholesaler. She has been running this business for 10 years. She would like to reinvest the profits into her business and double its size.
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.