Lillian is 24 years old and has a six-month-old baby. Her husband is a businessman. She owns a general store in which she sells different kinds of items such as biscuits, water, rice, cooking oil, etc. Lillian has always met the needs of her family with the help of her business. She is requesting a loan to buy more items such as cooking oil, rice, etc. to expand her business. She enjoys her business. Lillian plans to save her business and open up another business one day.
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.