Ildephonse is 38 years old. He sells animals and has been in the business for 10 years. He is married with five children. With the loan, he wants to buy more different types of animals to slaughter for sale such as pigs, cows and goats. He has a plan for providing food for the family and making savings 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.