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Justine, a married mother of a four-month-old child, has been a rice farmer for three years. She would like to receive this loan to buy fertilizers and seeds and pay labor costs to get the best harvest possible. With the profits, she plans to increase her rice production and build a good house to live in.

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 under served 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
  • 17
    View loans »
    Rwanda Loans Fundraising
  • $15,715,100
    Funds lent in using Kiva
  • 598.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Justine to buy fertilizers and seeds and pay for labor costs.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Feb 20, 2012
Mar 11, 2012
Currency Exchange Loss:
Oct 15, 2012