Funded

Total loan: $625
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Jean D Amour

Rwanda
Rwanda / Farming

A loan of $625 helped to buy more seeds and support labor cost in the rice production.


Jean D Amour's story

Jean D Amour is married. He three children between 15 and 21 years old. They all go to school.

He has been a rice farmer for 30 years. He would like to get this Kiva loan to buy seeds and support labor cost to get the best harvest. With the profits, he plans to expand the area he has been using to get more out put.

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

Loan length:

10 months
Repayment schedule: At end of term
Disbursed date: March 21, 2012
Facilitated by Field Partner: Urwego Opportunity Bank, a partner of Opportunity International and HOPE International

Lenders and lending teams



Loan details

Loan length:

10 months
Repayment schedule: At end of term
Disbursed date: March 21, 2012
Facilitated by Field Partner: Urwego Opportunity Bank, a partner of Opportunity International and HOPE International