Madalene is 45 years old. She is married with five children. The oldest child is 17 years old and the youngest is 5 years old. Her husband is a driver.
She has been in business for five years, selling hardware. She wants the loan to buy more construction supplies for sale. The profit will feed her family.
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.