Theresie, aged 41 years, is married with two children, aged 6 and 12; both of them go to school. Her business is to sell foodstuffs, and she has also been selling animals such as cows, goats and sheep for the past three years. Her husband works as a motorcyclist.
With the loan, she would like to buy more cows and goats for sale. The profits from the business will be used for building a house.
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.