Selaphine is 39 years old. She is married to a farmer and they have 6 children who all are enrolled in school.
With the loan, Selaphine is planning to add more foodstuffs such as bananas and potatoes to sell, since she has been running the same business for the past 4 years. She wants to pay school fees for the children from the profits that will be obtained from the 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.