Damascene is 42 years old. He is the father of four children, all of whom go to school. He is a cobbler and also sells shoes.
Damascene has requested a loan to upgrade his shoe sales business by purchasing more stock and repairing damaged shoes. With the profits from the business he will pay school fees for his children.
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.