Esther is 24 years old and has two children who are 3 and 5 years old. Her older child is enrolled in school. For the last six years, Esther has earned a living as a tailor. She is applying for this loan to buy the fabric she needs to make more clothing. She plans to use the additional profits made possible by this loan to buy more food for her family and to set aside some money as savings. In the future, she would like to go into business as a wholesaler.
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.