Emmanuel is 32 years-old. He has three children between the age of seven and 15 years, and all go to school. His wife is a business woman selling clothes. Emmanuel has spent seven years in the business. He sells shoes, and has requested the loan to add more shoes to his stock. With the profits, he hopes to pay school fees for his 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.