Saturday February 4th, 2012
Opportunity International

Opportunity Network Members

Opportunity International Implementing Members

Urwego Opportunity Bank (UOB)

The Urwego Opportunity Bank (UOB) of Rwanda, headquartered in the central district of Kigali, opened a new banking hall using state of the art technology in early fall 2007. The combined operation has offices in 27 of the 30 districts in Rwanda, more than 28,000 loan clients and over 3,000 savings clients. UOMB has $4.5 million in equity capital and a loan portfolio of $1.7 million.
The partnership includes World Relief, a Baltimore-based agency that specializes in rebuilding communities in the aftermath of war or natural disaster. World Relief has operated Urwego Community Banking, the first and largest microfinance institution in Rwanda, since 1997. World Relief Canada and HOPE International have been financial partners in Urwego for several years. 
Opportunity International is the final leg in the partnership, bringing financial and technology expertise in the operation of the new bank.  Over the next 12 to 18 months, UOMB expects to further expand banking operations across the country using innovative technologies to enable poor Rwandans easy access to safe and secure financial transactions.

Please visit the UOB website.

Performance in 2009

Number of Active Clients: 60,832
Outstanding Portfolio: 6,260,471
Average Loan Size (USD): $290
Percentage of Loans made to Women: 91.3%
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