Theophile is 23 years old. He rides a motorbike as a means of providing transport to others. He has been riding bikes for five years. With the loan, he will make repairs on the motorbike in order to get better earnings for the future. He plans to buy a plot of land from the profits he will gain from the business.
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.