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Samuel is a rice farmer. He is married and has four children, the eldest of whom is 20 years old. He has done rice farming for the past seven years. He will use a Kiva loan to support labor costs during rice production: nursery, transplanting, field management, guarding birds, and lately in harvesting activities.

With profits from his farming he wishes to invest in his business so that in the future he can acquire machines and tractors that will enhance his farming capacity.

The agriculture sector accounts for 37% of Rwanda's gross domestic product, generates 65% of Rwanda's export revenue, and employs approximately 90% of Rwandans (as of 2009). Despite the importance of agriculture to Rwandans and their economy, financial institutions view lending to fund agricultural activities as a high-risk proposition because the profitability of these activities is affected by weather, natural disasters, and price fluctuations. For this reason, farmers in Rwanda remain underserved by financial institutions. Urwego Opportunity Bank is expanding into this market and is happy to provide Kiva lenders with the opportunity to support Rwandan farmers.

Additional Information

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.

About Rwanda

  • $1,700
    Average annual income
  • 10
    View loans »
    Rwanda Loans Fundraising
  • $15,580,500
    Funds lent in using Kiva
  • 599.5
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Samuel to pay for labor for his rice growth.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Jul 21, 2011
Aug 25, 2011
Currency Exchange Loss:
Apr 15, 2012