Francoise, 53, is a mother of four children. All of them go to school. She sells shoes, both used and newly-made shoes. She has spent five years in the business. With the loan, she wants to add more different kinds of shoes for sale. She plans to use the profits for paying her children’s school expenses.
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.