Annonciatha is 49 years old and married with nine children, ranging in age from 7 to 27 years old. Her husband works as a mechanic and she sells food items. With this loan, she wants to buy beans and sorghum for sale. The profits from this will be used to reinvest.
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.