Laurent is 30 years old. He is married with three children. He sells drinks, andazi (fried dough), and other merchandise in his boutique, which he has been running for five years.
He has requested the loan to buy more drinks to sell, such as mineral waters and sodas. The profits from the business will be used to renovate the house and make 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.