Jacqueline owns a restaurant. She is 50 years old, married, and has four children who are between six and seventeen years old. Her husband sells cattle. Jacqueline has been selling cooked food in her restaurant for two years. Her loan will be used to buy more foodstuffs. She hopes to use the new profits from her business to buy a motorcycle which will be used for transportation.
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.