Stephanie is 52 years old She has 5 children who are between 15 and 31 years old. Two of her children are in school while the rest have completed high school and haved stopped their studies. She is a widow and is very hardworking.
Stephanie sells a variety of snacks including popcorn, sambusas (a snack made out of wheat flour and minced meat) and roasted peanuts. She has had this business for 19 years and it has enabled her to meet the needs of her family.
Stephanie is requesting a loan to buy cooking oil, wheat flour and food items such as irish potatoes, maize, green bananas, etc. to sell. With the profits, she plans pay her children’s school fees.
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.