Pelagie is 46 years old. She has seven children who are between the ages of 8 and 23. All her children attend school. Her husband works in a public institution which serves the vulnerable. Her loan will be used to increase her stock of items such as salt, sugar, rice and cooking oil. She would like to buy a plot of land with the profits she will make from the business. She would like to become a wholesaler 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.