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) 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.