A loan of $1,250 helped to buy seeds and to pay labor costs to support rice production.

Emmanuel's story

Emmanuel is single. He has been a rice farmer for four years. He is requesting this loan to buy seeds and to pay labor costs to support his efforts and obtain the best possible harvest. With the profits, he plans to expand the area he has been farming to produce 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