Emerthe is 30 years old. She is a widow and has two children aged between 4 and 8. The oldest attends school. She has been selling rice, bananas, and peanuts for seven years. The loan will be used to buy more rice and bananas in bulk to sell. She plans to save the profits from 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.