Delphine is a 32-year-old Rwandan entrepreneur with 5 children between the ages of 3 and 14, the 3 eldest in school. Her husband is a businessman.
For the past 5 years, Delphine has run a business selling clothes. The profits from her business have helped support her family by providing funds for food, medical insurance, and school fees.
Delphine will use this loan to purchase more clothes that she will sell for a profit. She plans to use the profit to some day purchase a 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.