Valens is 40 years old. He owns a store where different beers are sold. With the loan, he wants to buy more beers and sodas to sell. The profits from the business will be used to renovate his 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.