For the past three years, he has been selling sodas, maize flour and bananas to earn a living.
With the requested loan proceeds, he would like to buy more bananas and maize flour for re-sale purposes. With the profits he expects to generate from the business as a result of the loan, he would like to expand his business.
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.
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Success!! The loan was 100% repaid