For the past two years Adele has owned a shop where she sells different items such as rice, sugar and salt, to mention a few. She is requesting a 500000 RWF from UOB to buy more rice, sugar, potatoes, cooking oil and salt to sell.
Adele plans to use her profits to pay school fees for her 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.
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Success!! The loan was 100% repaid