Elevanie is 56 years old. She is a widow with four children. She sells bananas and has spent two years in the business. She wants this loan to buy more bananas to sell. The profits from the business will be used to renovate 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 economic 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.