Theoneste is 34 years old with one child of 10 months. His wife is a farmer.
He has spent four years in his business. With the loan, he wants to buy more beans, rice, groundnuts, potatoes, and cooking oil. The profits from the business will be used to reconstruct his house. And he would like to expand his business to the extent of being a wholesaler.
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 economic 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.