Julienne, a 46-year-old mother of four children between the ages of 14 and 24, all enrolled in school, is married to a security guard. She has been selling clothes for the past 20 years and is now requesting a loan to purchase a variety of clothes to sell. Julienne plans to reinvest the profits in her business.
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.