老媼 is read as ろうおう (rouou) and means old woman.
ろうおう
rouou
ろうじゃく
young and old
ろうじん
old person
ろうご
old age
ろうか
ageing
しにせ
long-established shop
おいる
to age
ろうじゅう
member of shogun's council of elders
ろうじゃくだんじょ
men and women of all ages
ろうし
Laozi
ろうば
old woman
ろうじんほーむ
retirement home
ろうねん