Emmanuel is 30 years old and married to a businesswoman. He has four children aged between 2 and 13; all are enrolled in school.
He sells different items such as rice, beans and soaps in the shop that he has been running for the period of seven years. With the loan, he will buy more rice and beans to sell. Emmanuel plans to use the profits for savings, to pay school fees for his children and to provide food for his family.
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.