Pierre, 54, is married and has six children between the ages of 18 and 30. Three of them go to school and the others have completed school. He owns a boutique, selling different items. He has been in the business for 19 years. He wants the loan to buy more utensils and basins for sale. He plans to buy a motorcycle from the profits.
About Urwego Opportunity Bank of Rwanda (UOB)
Urwego Opportunity Bank (UOB) helps underserved Rwandans by providing its clients with the necessary credit and savings capabilities required for economic transformation. It offers credit products, including group and individual loans, as well as training in business development, financial literacy and health management. UOB loan products leverage social collateral since most group members have little to no collateral.