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) helps underserved Rwandans by providing its clients with the necessary credit and savings capabilities required for economic transformation. It offers credit products, including group and individual loans, as well as training in business development, financial literacy and health management. UOB loan products leverage social collateral since most group members have little to no collateral.