Jeanne is 32 years old. She owns a hairdressing salon. She has been running the business for four years. She wants the loan to buy more shampoos and hairdressing tools.
The profits from the business will be used to buy her own house which will be used in the business as a hair salon.
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.