Filomene, aged 32, is married to a businessman. She sells foodstuffs and has been in the business for five years. With the loan, Filomene would like to buy beans, sorghum, cassava and plastic items, such as basins, to sell. The profits will be used to increase her savings.
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.