Hilarie is 42 years old. She has four children between the ages of 8 and 16. She has been selling bed sheets, towels, and bed covers. She wants the loan to buy more bed sheets and towels for resale. The profits from the business will be used to build 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.