Providence is 30 years old. She is married, with two children, both of whom attend school. Providence sells various items in her boutique and she has been in the business for five years.
She wants to use the loan to buy more sugar and rice to sell. The profits from the business will be used to pay school fees for the children.
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 eonomic 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.