Marie is aged 35. She is a mother of three children aged between one and 12. The oldest child goes to school. Marie owns a general store which she has been running for the past six years. With the loan, she plans to add more items in the store such as sugar, maize flour, rice, and salt to sell. The profits from the business will be used for making more savings to reinvest again for the better future of the business.
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.