Beatrice is 48 years old. She has six children and all go to school. She has been selling foodstuffs for ten years. With the loan, she wants to buy more beans, bananas and sorghum to sell. The profits from the business will be used for paying school fees for her 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.