Carine is age 40. She is a mother of eight children between the ages of 2 and 12 years old. She sells clothes and has been in the business for the past 13 years. With this loan, Carine plans to add more clothes commonly known as Bitenge to increase the volume of her sales. The profits from her business will be used to pay school fees for her 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.