Jacqueline is 25 years old and is married with one child. Her husband works as a driver. She sells beer at retail and has been doing this for the last year. This has enabled her to expand her business. She needs a loan to buy more beer in order to make more profits. She will use the profits to reinvest in the same business.
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.