100%

funded

Total loan: $1,850

Tuzamurane Agric Coffee Cb Group

Flag of Rwanda
, , Rwanda / Agriculture

Tuzamurane Agric Coffee Cb Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!


A loan helped to buy more fertilizers and seeds for his coffee crop.


Tuzamurane Agric Coffee Cb Group's story

TUZAMURANE Agric Coffee CB is a group represented by Ildephonse, a 55-year-old father of three children aged between 10 and 18 years old. He is a farmer who has been growing coffee for the past twenty years.

Ildephonse would like to use the loan from Kiva to buy more fertilizers and seeds for his coffee crop. With the profits from his business, he would like to provide school fees for his children.

Due to the global pandemic, Urwego was not able to photograph all the members, but was able to get a photo of Ildephonse as the representative for the group.

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.