Raheri is 42 years old and she is married with five children, ages 5 to 19. Her husband is a taxi driver. She sells different items on the retail scale and has been doing this for the last three years. This business has enabled her to pay school fees for her children, who are all currently enrolled. She needs a loan to buy more beer in order to make more profits. She will use the profits to expand and to renovate her business.
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.