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Vestine
Vestine is 30 years old and has two children who are ages 3.5 and 2 years old. They are not yet in school. Her husband is a farmer but also buys and sells different items according to the available market. Vestine owns a shop but also has a milling machine. She has been doing both businesses for 16 years. She is requesting a loan to buy another milling machine in order to make more profits. She plans to save all her profits and make more savings in order to have enough to build her family a house.

Additional Information

About Urwego Opportunity Bank of Rwanda (UOB)

Urwego Opportunity Bank (UOB) 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.

About Rwanda

  • $1,000
    Average annual income
  • 45
    View loans »
    Rwanda Loans Fundraising
  • $13,787,550
    Funds lent in using Kiva
  • 592.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Vestine to buy a milling machine.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 5, 2011
Listed
May 20, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 20, 2011