Vestine is thirty-two years old. She is married and has five children who are between five and sixteen years old. All of her children go to school. Her husband is a farmer. Vestine sells food. She has spent sixteen years in this business.
With this loan, Vestine will buy more food to sell. The profit from this business will allow her to increase the volume of food that she sells. She says her business is common and has a good reputation for customer service. In the future, she would like to double her business stock, as well as her profit.
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.