Fauste, 33 years old, has been selling mattresses for seven years. She is married to a carpenter and they have four children. Fauste wants to use this loan to buy more mattresses to sell. The profits from the business will be used for savings.
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.