Agnes is 30 years old. She sells charcoal and has been in the business for six years. With the loan, she wants to buy more charcoal to sell. The profits from the business will be used to expand her business through reinvesting in the existing business.
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.