Jovine, aged 22 years, has one child who is 4 years old. She sells beer, sodas and Mutzig (a brand of beer). She has been running this business for the period of six months. She is planning to use the loan for expanding her bar business. With the profits, she will reinvest in the same business. She wants to reach a big level of capital 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.