Damascene is 43 years old. He is a father of four children and they all go to school. His wife is a businesswoman and he has been in his business for 13 years. With the loan, he wants to add more types of shoes for sale. The profits from the business will be used to pay the children’s school fees.
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.