Irene is 59 years old, she has nine children who are ages 20-40 years old. Only two are in school while the others are already married. Her husband is a farmer while Irene sells food stuffs such as beans, sorghum etc. This business has enabled her pay school fees for her children and build a house in which she stays.
She is requesting a loan to buy more food and make more profits. She plans to open up a wholesale store in the market where she hopes to get more clients. With the profits she plans to feed her family and renovate her house.
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.