Damascene is 43 years old and has five children between the ages of 17 and 23. He has been selling goats for 20 years. He would like a loan to buy more goats to sell. Damascene will use any profits to renovate his house and pay school fees for his children. He dreams to one day sell cows.
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.