Clemence is 33 years old and a mother of four children aged 3 to 12. All of them are in school. Her husband is in the transport business.
Clemence has a wholesale shop where she sells Irish potatoes. She has had this business for the past two years. With the loan she plans to invest in her business by expanding her inventory of potatoes. Her goal is to expand her business to four times its current size.
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.