Marie Claire is 37. She is a mother of five children who are between 2 and 19 years old. Four of them are enrolled in school. She has been running a hair dressing salon for the past nine years. With the loan, she plans to buy more hair products for use in the salon. She has a plan to use the profits from the business to pay school fees for the 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.