Pelagie is 46 years old. She has seven children who are between the ages of 8 and 23. All her children attend school. Her husband works in a public institution which serves the vulnerable. Her loan will be used to increase her stock of items such as salt, sugar, rice and cooking oil. She would like to buy a plot of land with the profits she will make from the business. She would like to become a wholesaler 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.