Alphonse is 37 years old. She sells maize and beans. She has been in the business for the past nine years. With the loan, she wants to buy more beans and sorghum for sale. She plans to use the profits to recover a loss she incurred.
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.