Alphonsine is 24 years old. She is married to a home-builder and has one child, age 2. She sells different items in her store.
With the loan, Alphonsine will buy more rice, lotion and cooking oil for sale. She will save the profits from the business to increase her savings.
Alphonsine was very excited to pose for the photo.
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.