Yoramu is 49 years old. He is a married man with seven children and all go to school. He sells various items in the business and has been in the business for the past three years. With the loan, he wants to buy add more items such as soap, sugar and salt to sell. The profits from the business will be used to pay school fees for his 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.