Pierre is aged 28. He sells rice and milk. He is married with one child aged one. He has been in the business for two years. He wants the loan to buy more rice and milk to sell. The profits from the business will be reinvested in the same business.
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.