Josephine is 60 years old. She is married with four children. She sells ladies' clothes and has been in this business for 20 years. With the loan, she wants to buy more ladies clothes for sale. Josephine wants to renovate the house from the profits that will be obtained from the business.
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.