A loan of $1,275 helped to buy more fertilizers and for labor costs during maize production.

Epiphanie's story

Epiphanie is 67 years old and is widowed. She has six children and they all attend school. With this loan, she wants to buy more fertilizers and use it for labor costs during maize production. The profits from the business will be used to buy a tractor.

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.

Loan details

Lenders and lending teams

Loan details