A loan of $625 helped to buy palm oil in bulk.

Veronica's story

Victoria is twenty-eight years old. She is divorced and has four kids who are currently in junior high and primary schools. Victoria lives with her children in an old family house. She trades in palm oil. She has been in business for five years. Her husband is a farmer.

She buys the palm oil from the local manufacturers in towns and villages and resells it to city dwellers. Palm oil is a local vegetable oil produced from palm fruits which have been cooked, pounded, sieved and boiled for hours. The reddish substance (the oil) is skimmed off and reboiled to expel water content. Victoria desires to use the loan to expand her business by buying the palm oil in bulk to be able to supply it to more customers and improve her finances.

Loan details

Lenders and lending teams

Loan details