Angelique is 23 years old. She is married to a businessman and has three children aged between 2 and 4. She has been selling bread for 3 years. With this loan, she hopes to buy more baking powder to make more bread to sell. Angelique hopes to use the profits generated from this loan to set up another outlet for selling her bread. In the future, she would like to see her business expanding with large capital.
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.