Ildephonse is 38 years old. He sells animals and has been in the business for 10 years. He is married with five children. With the loan, he wants to buy more different types of animals to slaughter for sale such as pigs, cows and goats. He has a plan for providing food for the family and making savings from the profits that will be obtained from the business.
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.