Telesphore is 28 years old. He is single. He is a motorcyclist and has been running this business for the period of four years. He is requesting a loan to buy another motorcycle to gain more earnings. The profit from the business will be used to build a house.
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.