Anne Marie, age 62 years, has 4 children, ages between 8 and 26. All of them go to school. Her husband is a builder.
Her business for the past 3 years is to sell food such as beans, sorghum, and maize. With the loan, Anne Marie would like to buy more beans and sorghum to sell. The profits of the loan will be used to pay school fees for her children. Anne Marie would like to expand her business to the extent of being a food distributor.
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.