Alexia is 38 years old. She is married and has six children who are between the ages of three and fourteen. Her husband sells hardware. Alexia has a beauty salon and sells hair products and cosmetics. She has had this business for thirteen years. She has requested a loan to buy more beauty products to sell and with the profits she would like to expand her house. She says that her business is successful because she repaid the previous loan and managed to save and raise school fees for her children. She would like to get a loan of 500,000RWF in the future. Alexia has been photographed combing her client's hair. All those pictured here have agreed to have their picture taken with her.
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.