Alexandre is 33-years-old with 2 children ages 1 and 8. The oldest child is currently in school. His wife works with him in his business of selling wood and wood handicrafts. He has been running this business for 2 years and would like the loan to buy more wood. He will use the profits to renovate his house.
About Urwego Opportunity Bank of Rwanda (UOB)
Urwego Opportunity Bank (UOB) helps underserved Rwandans by providing its clients with the necessary credit and savings capabilities required for economic transformation. It offers credit products, including group and individual loans, as well as training in business development, financial literacy and health management. UOB loan products leverage social collateral since most group members have little to no collateral.