A loan of $1,350 helped to pay for labor costs and buy seeds for rice farming.

Justin's story

Justin is married with four children aged between 2 and 15. Two of them are enrolled in school, while the others are not, because they are still young. His wife works as a farmer, and he has been a rice farmer for four years. He would like to get this loan to buy seeds and support labor costs to get the best harvest. With the profits, he plans to expand the area that he has been using 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