Check out some available loans that are similar to this one!
Marie Leatitia
Marie Leatitia aged 40. She is mother of three aged between 16 and 21, and they all go to school. She has spent six years in farming. With the loan, she wants to buy more fertilizers and support labor costs. The profits from the business will be used to renovate her house.

Additional Information

More information about this loan

This loan is part of Urwego Opportunity Bank's program targeting farmers who are members of cooperatives. All borrowers benefiting from these loans receive financing, as well as seed and fertilizer from the Rwandan government. This Kiva loan will thus be used to provide borrowers with needed goods or services, as opposed to cash or financial credit. The loan is also covered by insurance in case of crop failure. 

Without flexible, risk-tolerant capital provided by lenders like you, Urwego Opportunity Bank would not be able to offer this type of loan. This is critical in Rwanda where 85% of the population is employed in agriculture, but many formal financial institutions consider the sector to be too risky to invest. By funding this loan, you are expanding opportunity to farmers with limited options.

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
  • 2
    View loans »
    Rwanda Loans Fundraising
  • $15,557,575
    Funds lent in using Kiva
  • 640.0
    Rwanda Francs (RWF) = $1 USD