Consolee is a mother of two children who are ages four and six years old. Her husband is a civil servant. Consolee sells second-hand clothes and she has been selling clothes for the past eight years. Throughout these years, this business has enabled her to pay her children school fees and meet the needs of her family. She needs a loan to buy more clothes and hence make more profits. With the profits she plans to save until she can afford to buy a piece of land.
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.