A loan of $850 helped to buy more seeds, seed multiplication and support labor costs.

Gloriose's story

Gloriose is engaged. She wants the loan to buy more seeds, seed multiplication (production of seeds for sale or for future planting) and support labor to get the best harvest. She plans to use the profits for renovating the house.

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