Marie is 56 years old. She is married with seven children; they all attend schools. She sells buckets and hoes. She has been in the business for three years. With the loan, she wants to add more buckets and hoes for sale. The profits from the business will be used to pay school fees for the children.
About Urwego Opportunity Bank of Rwanda (UOB)
Urwego 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.