Assouma is 29 years old. She sells cows and has been in the business for 9 years. She is married to a mechanic and they have three children aged between 2 and 11 years. The loan will be used to buy more cows to sell while the profits from the business will be for savings.
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.