Febronie is 30 years old and a mother of three children. She owns a restaurant and has spent one year in this business. With the loan, she wants to buy more foodstuffs for use in the restaurant. She plans to use the profits for reinvesting in the same business, as she has a vision of opening another restaurant which will offer the same services.
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.