Dushyigikirane Agric Group
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A loan helped to buy more fertilizers used for growing rice.
Dushyigikirane Agric Group's story
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 Bank is expanding into this market and is happy to provide Kiva lenders with the opportunity to support Rwandan farmers.