Vincent is 27 years old. He is married and has one child who is six months old. His wife works as a farmer.
Vincent sells cattle and green bananas. He has spent eight years in this business. He is requesting a loan to buy more cattle and green bananas to sell. He says that he wants to expand his business because it has helped him to provide for his family over these years. He will save and reinvest some of the profit from this business.
In the future he would like to sell a variety of products and to add more value to what he has been doing.
About Urwego Opportunity Bank of Rwanda (UOB)
Urwego is a Rwandan bank specializing in microfinance. It offers credit products to individuals and groups interested in starting or expanding their businesses. It also offers training in business development, financial literacy and health management. Given that approximately 90% of the Rwandan population is directly or indirectly related to the agricultural sector, Kiva lenders’ funds will be used to support UOB’s agricultural loan products, which are vital to the clients living in remote areas.