A loan of $1,175 helped to buy more fertilizers and seeds and to pay for labor costs.

Appolinaire's story

Appolinaire is married with two children aged 6 and 21. Both are enrolled in school. His wife works as a farmer. He has been a rice farmer for one year. He would like to get this Kiva loan to buy more fertilizers and seeds and to pay for labor to get the best harvest. With the profits, he plans to expand his planting area to get more output.

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

Lenders and lending teams

Loan details