Seraphine was born in 1977 and has two children who are 9 and 5 years old; both are in school. Her husband works together with her.
Seraphine has a shop selling various household items and soft drinks. She has been in this business for four years and she is requesting a loan in order to buy more household items such as salt, sugar, boxes of matches, etc.
Seraphine hopes to increase her capital as well by buying more items with the profits and building her savings. In the future she plans to have a wholesale shop with a variety of household items. She also hopes to buy a motorcycle.
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.