Claudette is 36 years old. She is married and has one three-year-old child. Her husband is a soldier and she works in a shop. Claudette spends nine months in her business.
With this loan, Claudette would like to buy rice, sugar, cooking oil, soaps, and maize flour to sell. The profits from the business will be used 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.