Leandre is single and sells phones. He has been selling phones for the period of one year. He wants the loan to buy more phones for sale. The profits from the business will be used to reinvest in the same business.
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.