Anaclet is 33 years old. He is a father of two children. He sells different cereals and has been in the business for seven years. With the loan, he wants to buy wheat, sorghum, millet and peanuts to sell. The profits from the business will be used to buy a house for his residence.
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.