Gloriose is 32 years old, married and has two children who are six and eight years old. Both her children are enrolled in school. She has two orphans she helps in terms of paying school fees for them.
Gloriose owns a shop where she sells various items such as cooking oil, sodas, rice and many more. She decided to get this loan to add more merchandise to sell. She says with this profit she will pay school fees and the remainder will be meant for savings. In the future, she has a desire to buy a vehicle for transportation which seems to earn more income than the shop she has currently.
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.