Esperance, 27 years old, is married and has one child. She sells sweet potatoes and cassava. She would like to use this loan to get more sweet potatoes for the store because most of the customers like them very much. Esperance will use the profits from the business for savings in order to accumulate capital for the future.
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.