A loan helped a member buy more fertilizers for her maize farm and also buy more maize seeds.

Kufaco Agric Sub Group A's story

Kufaco Agric Sub Group A is a group represented by Yvonne, who is 34 years old and a mother of two children aged nine and 10 years old. She is a farmer and has been growing maize for the past five years. With the loan from Kiva, she would like to buy more fertilizers for the maize farm and also buy more maize seeds. With the profits from her business, she will be able to provide school fees to her children.

The agricultural sector accounts for 37% of Rwanda's gross domestic product, generates 65% of Rwanda's export revenue, and employs approximately 90% of Rwandans. (These percentages are 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 get a photograph of all the group members. The photograph is of Yvonne, the group representative.

In this group: George, Innocent, Jacqueline, Mary, Godefrey, Abdallah, Shyaka, Steven, Aimable, Emmanuel, Yvonne

This loan is special because:

It provides high-quality direct inputs for rural Rwandan farmers.

Loan details

Lenders and lending teams

Loan details