Alphonsine is 34 years old. She is married and has three children, two of them attending school. For three years, she has been selling various items, such as sandals and flip flops. The loan she has requested will be used to buy more sandals and flip-flops for resale. The profits from the business will be used to provide food for her family and 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.