Protais is 46 years old. He is the father of seven children aged between 6 and 21. His children all attend school. Protais sells medicine for animals and has been selling medicine for 20 years. With the loan, he plans to buy more medicine to sell. The profits from the business will be used to pay school fees for his children.
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.