Venuste is 27 years old. He is single and sells handbags for ladies. He has been in the business for three years. With the loan, he wants to add more handbags for sale. The profits from the business will be used to put aside more 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.