Virginie is 43 years old. She has 4 children between 5 and 17 years old. They all go to school. She has spent 4 years selling different items in the shop. With the loan she will add other items such as rice, cooking oil and peanuts. She plans to use the profits from the business to reinvest in the business. In the future, she would like to increase her 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.