Boniflide, 32, is a widow. She has three children between the ages of 10 and 14. They all go to school.
To make a living, Boniflide sells trousers. She has been running this business for the past six years. With this loan, she wants to buy more trousers to sell. She will use the profits from the business to buy iron sheets for roofing her house.
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.