Marie Gaudence is 26 years old. She has two children aged one and seven. She owns a boutique (small store) and has been selling different products such as rice, cooking oil and others. With the loan, she will buy more tomato sauce, rice, and cooking oil for sale. 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) 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.