Madeleine is 27 years old. She owns a bar and has been running the bar for six months. She has requested this loan to buy more beers and sodas to upgrade her pub business. With the profits from the business, she will make more savings for a better future for her business.
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.