Emerance is 33 years old. She owns a store where she sells general merchandise. She wants to use the loan to buy more basins, trousers and skirts to sell. The profits from the business will be saved in order to have enough capital 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.