Valens is 34 years old. He is a father of three children between the ages of 3 and 11 years old. Valens sells different items in his business. Currently, he sells food and has spent three years in the business. With the loan, he would like to buy more potatoes, corn and beans for resale. The profits from the business will be used to reinvest in the same business.
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.