Josephine is married and has one child. She sells various items in her general store. With the loan, she wants to add larger quantities of items to her inventory, such as salt, soaps and cooking oil. The profits from the business will be used for buying a plot of land.
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.