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 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.