Berancille, aged 45, is married with one child aged 20, who goes to school. Her husband is a businessman. She has a bar and she has been running that business for the past two years. With the loan requested, she would like to buy more beer, Fanta and juice for sale. She wishes to become a wholesaler. The profit from the business will be used to further expand her 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.