Elisee is 33 years old. He is married with three children aged between one and eight. Only two go to school. He sells breads and has owned a bakery for the past nine years. With the loan, Elisee would like to buy more bakery flour to make very delicious cakes and breads for sale. He plans to use the profits to reinvest in the same business.
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.