Jacqueline is 24 years old, married and has two children who are between three and six years old. Currently, one of her children attends school. Jacqueline owns a restaurant, which she has done for 5 years. Her husband is a precious metals dealer. Jacqueline will use the loan to purchase food and drinks for the betterment of her restaurant growth. With the new profits from her expanded business, Jacqueline plans to establish another restaurant. In the future, she would like a larger loan.
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.