Assoumani is 37 years old. He is married with a pair of one-year-old twins. His wife works as a teacher. He sells cattle and has spent 14 years in the business. With the loan, he wants to buy more cattle to sell. With the profits from the business, he wants to reinvest in the same business.
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.