Alphonsine is 25 years old, married, and has a 4 year old child. She owns a shop in which she sells several household items such as sugar, rice, salt, and more. She is requesting a loan in order to reinvest in her business. She will use the extra profits to help meet her family’s needs.
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.