Venantie is 53. She is married, with four children between 14 and 25. She sells different items, and has been in the business for fifteen years.
She is requesting a loan of 350,000 RWF; with the loan, she plans to buy more corn flour and cooking oil for sale.
With the profits, she would like reinvest in the business so that in the future, she may become a wholesaler.
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.