Madine is 33 years old and has earned a living for the last seven years by selling different kinds of products such as stoves, jerry cans, hoes and many other items. He is requesting a loan to buy more stoves and hoes to sell to his customers. He will use the profits he earns from this loan to renovate the house he lives in.
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.