Aloys is 38 years old and married with four children, aged five and thirteen. He has been selling clothes as a business for eight years. With the loan he has applied for, he wants to buy more clothes to sell. The profits from the business will be used to make savings.
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.