Caritas is a farmer who grows eggplants, tomatoes, and bell peppers for sale, and she also sells produce grown by other local farmers. She plans to use the loan to increase the amount she buys from local farmers, intending to invest the profits in her business. Eventually Caritas hopes to build a store from which to sell her items, and in the meantime strives to pay off her loans and qualify for larger loan amounts in the future.
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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