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) 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.