Chantal is 33 years old, she has 3 children between the ages 6-11 years. All her children are in school and her husband works with her. Chantal sells a traditional fabric called Kitenge. She has been selling these traditional fabrics for 5 years. She is requesting a loan to buy more fabric and make more profits. With the profits in addition to her savings, she plans to build her own 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.