Anuarite is 35 years old. She is married and has seven children between the ages of two and 13. Five of her children are enrolled in school. Her husband is a driver.
Anuarite sells cooking oil, sugar, soaps, soft drinks and lotions. She has spent ten years in this business. With this loan, she will buy more items such as sugar, soaps, and soft drinks to sell. With the profit she will buy more stock for sale. She says her business is well-known because she has a large number of customers.
In the future, she would like to sell food as well.
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.