Rachel is 35 years old. She has six children aged between one and thirteen. She sells clothes and has been in the business for the past four years. With the loan, she plans to buy more clothes and the profits from the business will be used mainly 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.