Antoine sells cooking oil, rice, tomato sauce and sandals and works with his wife in this business. He is 30 years old and has two children. Antoine has been selling food and shoes for five years and has requested this loan to buy more products to sell. He hopes to use the new profits from his business to buy another plot of land.
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.