Floride is 66 years old and widowed. She owns a mini-supermarket where she sells various snacks and beverages.
With the loan, Floride will buy more snacks to sell. The profits from the business will be used to buy a cow to provide milk for the entire family for better feeding.
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.