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 Opportunity Bank (UOB) helps underserved Rwandans by providing its clients with the necessary credit and savings capabilities required for economic transformation. It offers credit products, including group and individual loans, as well as training in business development, financial literacy and health management. UOB loan products leverage social collateral since most group members have little to no collateral.