Margarita is 54 years old. She is married with nine children aged between 16 and 40. The oldest have already established their homes, and the four youngest attend school.
Margarita wants the loan to buy more beans and sorghum for resale. The profits from the business are expected to be used to reinvest in the same business for better future returns.
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.