Claudine, age 30, is a mother of three children. She owns a boutique (store) where she sells different items. She has requested the loan to buy more items to add to the boutique such as beans, salt, cooking oil, and sugar. The profits from the business will be used to reinvest in the business. She dreams of owning a large store in the future.
About Urwego Opportunity Bank of Rwanda (UOB)
Urwego Opportunity Bank (UOB) helps underserved Rwandans by providing its clients with the necessary credit and savings capabilities required for economic transformation. It offers credit products, including group and individual loans, as well as training in business development, financial literacy and health management. UOB loan products leverage social collateral since most group members have little to no collateral.