Jean is thirty years old and married to a businesswoman. For the past nine years he has sold men’s trousers and shirts.
Jean is requesting a 600,000 RWF loan from UOB. With this loan he will buy more menswear to sell in his store. He plans to use the profits to buy a house.
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.