Sarah is 45 years old. She is a widow with six children, five of whom attend school. She's been selling beers and sodas for a period of seven years. With the loan, she wants to buy more beers and sodas for sale. She is planning to use the profits for reinvesting in the bar business because she has seen that the demand for alcohol is high.
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.