Veredianne is a 49-year-old Rwandan entrepreneur with 6 children between the ages of 9 and 26 years old. Three of the children have completed primary school and the youngest three are still in school. Veredianne's husband sells foodstuffs.
For the past 11 years, Veredianne has also run a business selling foodstuffs. Her business has helped meet her family's needs. Veredianne will use this loan to purchase more foodstuffs that she will sell. With the future profits from her business, she hopes to renovate her 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.