Vestine is a 30-year-old Rwandan entrepreneur. She has a 3-year-old child who is not yet in school.
For the past 1.5 years, Vestine and her husband have been running a shop where they sell foodstuffs. This new business is doing well and the profits it has generated have provided for their family. This loan will allow them to expand their business as they will use it to purchase more goods such as sugar and rice to sell in their store. With profits from this business, Vestine will accumulate savings and provide for her family.
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.