Francine is 42 years old. She sells foodstuffs and has been in the business for the period of seven years. She is married and has three children, and all the children go to school. She wants to use this loan to buy more cooking oil, corn flour, and sugar to resell. The profits from the business will be used to pay school fees for her children.
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.