Caritas is 26 years old. She is married with two children, 6 and 5 months old. The older child attends school. She owns an internet cyber café which she has been running for two years. With the requested loan she will buy more electronics items for use in the cyber café. She will use the profits to put aside savings. In the future, she will expand her internet business.
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.