Marie Claudine sells fertilizers for a variety of plants including wheat, carrots, and some fruits. She has been in this business for over five years and plans to use this loan to expand the types of fertilizers she carries, including fertilizers for cabbage. She also plans to buy seeds and insecticides to sell to local farmers. The seeds Marie Claudine will purchase are sealed in tin cans and last for a long time. With the profits she hopes to purchase a cow to ensure a constant supply of milk for her family, and eventually she anticipates buying a house so she no longer has to rent.
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.
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Success!! The loan was 100% repaid