Joseline, age 26, sells potatoes to earn a living. She has been engaged in her business for the past five years. She and her husband have two children, both of whom are enrolled in school.
With her loan funds, Joseline will add to her stock of potatoes.
She will use the expected profits from the business to provide food for the family.
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.