Nola is 38 years old, married and has four children between the ages of four and seventeen. Currently, all four of her children attend school.
Nola sells fresh dairy products, which she has done for six years. She works together with her husband. Nola will use the loan to purchase more bread and milk to sell.
With the new profits from her expanded business, Nola plans to reinvest in the business for continuous growth.
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.