Chantal is 27 years old and married to a farmer. They have four children, three of whom go to school. She has spent 3 years selling different items in her store. With the loan, she will add more items to her store, such as rice, soaps, sugar and cooking oil to sell. She wants to use the profits to make savings. She would like to own a large shop 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.