A loan of $675 helped to buy fertilizers and seeds and to pay for labor costs.

Evasta's story

Evasta is married with five children between the ages of 13 and 25. All are enrolled in school. Her husband works as a farmer. She has been a rice farmer for 9 years. She would like to get this loan to buy fertilizers and seeds and to pay for labor to get the best harvest. With the profits, she plans to expand her planting area to get more output and put some money into savings.

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 under-served 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