Gaudence is 51 years old. She is a mother of two children aged 18 and 20 years old. Both her children attend school. She owns a shop which she has been running for five years. With the loan, she will buy more items for sale such as sugar, beans and cooking oil. The profits from the business will be used to reinvest in the business.
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.