Vedaste has been a motorcyclist for more than four years. He is 33 years old and is married to a teacher. They have one child who is two years old and has not yet been able to attend school. He will buy another motorbike for transportation with the loan. The profits will be used to buy a plot of land where he plans to build his own house. He dreams of buying a car 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.