Ancille is 50 years old. She sells wood and timber. Her husband works as a farmer. They have 13 children who are between six and 34; they all go to school except the oldest who got married. With the loan, she wants to buy more wood to sell The profits from the business will be used to renovate her house.
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.