Annonciata, 44, sells beans and has been in this business for the past five years. With this loan, she wants to buy more beans to sell. She will use the profits from her business to pay school fees for her children.
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.