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) 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.