Alphonsine is 38 years old. She sells different items in her boutique. She wants the loan to add more items, such as soaps, salt, and rice for sale. She has been in the business for two years. The profits from the business will be used to expand her stock and provide food for her family.
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.