Virgnie is a 44-year-old Rwandan entrepreneur with five children between the ages of 6 and 11. Her husband is not working and she runs a business selling vegetables.
She has been doing this business for the past 17 years and it has helped feed her family, pay for medical insurance, pay school fees, and save money.
She will use this loan to purchase more vegetables that she will sell for a profit so that she can continue to provide for her family.
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.