Alphonsine is 26 years old. She is the mother of one child and she is married to a driver. She sells different items in her store. With this loan, she wants to add more rice, sugar, and a refrigerator to use in her business. She will use the profits from her business to boost her savings.
About Urwego Opportunity Bank of Rwanda (UOB)
Urwego 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.