Jean Damascene is 23 years old, and he is married with two children who are ages 1 1/2 and 3 years old. His wife is a farmer. He owns a bar in which they sell different kinds of beer, soft drinks such as sodas, and he also sells a few foodstuffs.This business has enabled him develop his standards of living. J. Damascene is requesting a loan to buy more beer,sodas and some foodstuffs in order to make more profits.His is planning to expand his business.
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.