Fatouma is age 50. She sells charcoal and has been doing this business for the past 11 years. She is married with 8 children and all go to school. She has requested the loan to buy more charcoal for resale. With the profits, she would love to see her business prospering by adding more merchandise, as well as paying school fees for the children.
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.