Gaudence is 34 years old. Her husband is a businessman and they have four children. She owns a bar and has been running the business for four years. She wants the loan to buy more crates of brewery beer and jerrycans of locally produced beers for sale. The profits from the business will be used to pay school fees.
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.