Jean Claude is aged 32. He sells auto parts. He has been running the spare parts business for the past five years. With the loan, he would like to buy more spare parts for motorcars for sale. The profits from the business will be used to increase his savings for a better future.
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.