Sheron, 30, is married to a tailor and they have one child, age four. He sells skirts and trousers and has spent eight years in the business. He wants this loan to buy more skirts to sell. The profits from the business will be saved for a better future.
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.