Jean Damascene is 60 years old, and the father of four children. He has been in the business of selling different items for 15 years. He would like to get the loan to buy more rice, sugar, soaps and cooking oil for sale. The profits from the business will be used to make more savings.
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.