Jacqueline is 25 years old. She is married with two children aged between three and five. One of the children goes to school. She owns a spare auto parts store. She has been in that business for the past 3 years. With this loan, she wants to buy more spare parts for sale. The profits from the business will be used to pay her children's school fees.
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.