Beatrice is 29 years old. She is married to a businessman. She sells beans and sorghum. With the loan, Beatrice will buy more beans and sorghum to sell. She will use the profits from the business to buy a motorbike to use as transport as well as to generate additional income.
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.