100%

funded

Total loan: $1,900

Marie Gorithe

Flag of Rwanda
, , Rwanda / Agriculture

Marie Gorithe's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!


A loan helped to buy rice fertilizers.


Marie Gorithe's story

Marie Goritte, 29, is married with 1 child who does not yet go to school. She has been farming for 4 years. With the loan from Kiva, she would like to buy more rice fertilizers. The profits from the business will be used to improve her welfare. 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.