Veneranda is aged 35. She is married and has three children. She owns a bar and has been running the bar for the past five years. With the loan, she will add more beers and sodas for sale. 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.