Marie Grace is 40 years old. She is a widow with three children. All of her children attend school. She has spent 11 years in the business of selling shoes. With the loan, she plans to buy more types of shoes to sell. Marie Grace will accumulate more savings from the profits she will make.
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.