Solange is 25 years old and she has 2 children who are ages 5 and 3 years old. She owns a store in which she sells different lotions and Vaseline, water, radio cells, candles and foodstuffs such as rice, sorghum, sugar, etc.She works together with her husband; they have done this business for 3 years, and this business has enabled them to meet the needs of their home. Solange needs a loan to buy more foodstuffs such as sugar, rice and sorghum, and she plans to buy more Vaseline as well. She plans to buy a piece of land with the profits she hopes to make.
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.