Claude, aged 30, is single and owns a general store which he has been running for one year. He has requested this loan to buy more items for sale such as salt, sugar, and rice. With the profits from the business, he will buy a plot of land for building a house.
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.