Marie Josee is 48 years old. She owns a retail store and has been running the business for the past 22 years. With the loan, she will buy more sugar, rice, maize flour and bananas for sale. The profits from the business will be used for making savings.
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.