Alphonsine is a 31-year-old Rwandan entrepreneur with six children between two months and 12 years old. The youngest child is not yet in school. Her husband works as a moto taxi driver
For the past 10 years, she has sold foodstuffs. The business has enabled her to feed her children and meet the overall needs of family.
She needs a loan to buy more foodstuffs such as sorghum. She will save all future profits and continue paying school fees for her children.
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.