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) helps underserved Rwandans by providing its clients with the necessary credit and savings capabilities required for eonomic 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.