A loan of $450 helped to pay for labur for his rice farming.


Diogene's story

Diogene is the father of a 5-year-old child. He and his wife are both farmers. Diogene has been farming rice for the past 10 years. He will use this Kiva loan to support labor costs during the entire rice production: nursery, transplanting, field management, guarding birds, and harvesting.

Diogene wishes to use the profits from his farming to invest in his business so that in the future he can acquire machines and tractors that will enhance his farming capacity.

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.



Loan details


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Loan details