Frolida is 55 years old, and has 5 children, the eldest is 17 and the youngest is 1. She is married to a farmer. Frolida sells food stuffs such as beans, sorghum, and a local juice called Umutobe. She has had this business for 14 years. She is requesting a loan to reinvest in her business, and with the profits, she hopes to renovate her home.
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.