Daphrose is 42 years old and married to a farmer. They have four children aged between 2 and 14. All of her children go to school. She has sold handbags for the last four years. She needs the loan in order to buy more handbags. With the profits, Daphrose will build her own house.
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.