Floride is a 62-year-old widow, with two grown-up children aged 21 and 27 years old. She has been in business for ten years, selling food locally.
Floride has asked for a loan to buy more cabbages to sell. With the anticpated increased profits she will generate, Floride plans to add to her savings.
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.