Annonciatha is a 48-year-old widow living with 3 children between the ages of 7 and 16. She makes local juice from ripe bananas that she prepares. She has been in this business for three years. With the loan, she wants to buy more bananas to make juice. The profits from the business will be used to provide food for the family. In the picture, she is showing how they put bananas in the ground in order to ripen easily for juice.
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 economic 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.