Energetic and dedicated, Alice is a 29-year-old mother of three children between one and nine years old. Her husband works as a businessman, while Alice has owned a bar for five years. Now requesting a loan to buy more beer for resale, she plans to use the profits to expand the business so that it becomes the best bar in the area.
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.