Annualite is 20 years old. She is married to a businessman and they have one child aged one year. Annualite sells different items including yeast, sugar, and salt. She has been in this business for the past two years. With her loan, Annualite wants to buy more yeast, sugar and salt for resale. She will use the profits from the business to renovate her house.
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.