Sylvie, age 31, is a tailor. She has been engaged in this venture for 12 years. She and her husband, who is also a tailor, have a one-year-old baby and a six-year-old child.
Sylvie has requested a loan in order to buy more thread and zippers. She intends to apply the expected profits toward buying a 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.