Emmanuel is 26 years old. He is single. He has spent five years in the business of selling sweaters and shirts. With the loan, he will buy more shirts and sweaters. The profits from the business will be used to buy a plot of land.
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.