Virgnie, 48 years old, has five children ranging in age from 18-28 years old. Her husband doesn’t work. Virginie has been selling green bananas on a wholesale basis for 15 years, thus enabling her to pay for her children's school fees and their medical insurance. She is now requesting a loan to buy more green bananas to sell, and will use the additional profits to help expand her 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.