Ignace is 33 years old. He sells shoes and has been in the business for 10 years. With the loan, he will buy more shoes to sell. His wife is a businesswoman, and the profits from the business will be used to make more savings.
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.