Check out some available loans that are similar to this one!
Therese is married and has two children, ages 9 and 12. Her husband works as a farmer. She has been a maize farmer for ten years.

She wants the loan to buy more seeds, for seed multiplication (production of seeds for sale or future planting), and for support labor to get the best harvest. She wants to use the profits to build a house and pay school fees for her children.

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
  • 14
    View loans »
    Rwanda Loans Fundraising
  • $15,580,500
    Funds lent in using Kiva
  • 602.0
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Therese to pay for more seeds, seed multiplication, and labor costs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Jun 8, 2012
Jul 9, 2012
Currency Exchange Loss:
Jan 17, 2013