This summer, I have the privilege of working with one of Kiva's Field Partners, Urwego Opportunity Bank (UOB), in Kigali, Rwanda. As part of their semi-annual roadshow, the UOB management team traveled around Rwanda visiting each of the 13 branches and meeting borrowers. While UOB's default rate is low, 2.1%, the most recent roadshow focused on defaulted group loans (see definition below) with the desire to understand (1) why groups default and (2) how this can be prevented in the future.
Defaulted Group Loans: Loans...
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