Philomene is a mother of two children and married to a farmer. Both children attend schools.
She sells different foodstuffs. With the loan, she wants to add more rice and cooking oil for sale.
The profits from the business will be used to provide food for the family.
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.