Josette, 27 years old, is the mother of a one-year-old child and her husband is a technician. Josette owns a store in which she sells different kinds of foodstuffs such as beans, cooking oil, rice, etc. She has run this business for three years and it is doing well. This business enables her to feed and meet the needs of her family and everything is going well. She is requesting a loan to buy more foodstuffs such as rice, beans and cooking oil to sell in order to make more profits. She wishes to use the profits to begin her family house construction.
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.