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) helps underserved Rwandans by providing its clients with the necessary credit and savings capabilities required for eonomic 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.