Vedaste has been a motorcyclist for more than four years. He is 33 years old and is married to a teacher. They have one child who is two years old and has not yet been able to attend school. He will buy another motorbike for transportation with the loan. The profits will be used to buy a plot of land where he plans to build his own house. He dreams of buying a car in the future.
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.