Faustin is 25 years old. He is single. He sells basins and plastic materials. He has been in the business for five years. With the loan, he will buy more basins and plastic materials for sale. The profits from the business will be used for building a house.
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.