Gaudance, a mother of one child who is attending school, is married to a house builder. Gaudance has been selling vegetables for five years, and will use this loan to purchase more vegetables such as carrots, eggplant and tomatoes for resale. The profits from the business will be used to renovate 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.