Alphonsine is 52 years old. She is married and has seven children between the ages of 17 and 30. Only the youngest go to school; the others have completed their studies. With the loan, Alphonsine will buy more beans, peas, peanuts, and soya for resale. The profits from the business will be used to renovate her house.
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.