Console is a 33-year-old Rwandan entrepreneur. She is a widow with six-year-old twins. For the past four years she has run a hair salon, and this business has helped her meet the needs of her family.
She requires this loan so she may purchase and install hairdryers in her salon. She plans to begin to save her future profits so that she may provide for her family in the future.
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.