Sylvestre is 48 years old. He is married to a businesswoman. They both have five children and they all go to school. He makes local juice from sorghum and has spent 4 years in the business. With the loan, he wants to buy more sorghum so that he can make more juice. He plans to put the profits into savings.
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.