This loan serves individual entrepreneurs whose businesses have grown beyond the capacity of the group loan model. Most of these entrepreneurs have well-established businesses but are unable to access credit through the formal banking sector to grow their businesses further. By support this loan, you’re providing these entrepreneurs with valuable business and household finance management training and access to savings accounts.
About Urwego Opportunity Bank:
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.