Claudine is 26 years old, is married and has one child, age 1. Her husband works as a carpenter. She has spent seven years running a bar, selling soda and beer. The loan she requested will be used for buying soda and beer. She wants to use the profits 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.