Clemence is 30 years old. She sells different items in her boutique in which foodstuffs dominate any other items. She has been running the business for the past 10 years. With the loan, she wants to buy more beans, potatoes and sweet potatoes for resale. She plans to renovate the house from the profits that will be obtained from the 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.