Olive is 25 years old. She has two children who are ages 2 and 6. Her husband sells foodstuffs. Olive sells second-hand clothes, and she has been doing this business for two years. From this business, she has managed to buy a piece a land for which she plans to build a house for her family. She is requesting a loan to buy clothes to sell in order to make more profits. With the profits she hopes to make, she plans to begin construction of her family 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.