Total loan: $8,325

Twitezimbere Agric Group

Flag of Rwanda
, , Rwanda / Agriculture

Twitezimbere Agric 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 growing Irish potatoes.

Twitezimbere Agric Group's story

Twitezimbere Agric is represented by Perpetue, a 60-year-old widowed mother of one child age 28 years. She is a farmer and has been growing Irish potatoes for the past five years. With this loan from Kiva, she would like to buy more fertilizers and seeds for growing Irish potatoes. With the profits from her farming, she hopes to be able to furnish her house and tile it up as well. Perpetue is thankful for your support.

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.

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