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

Chantal's story

Chantal is married and has seven children. Five of them attend school. She has been a maize farmer for 13 years. Her husband is also a maize farmer. She would like to get this loan to buy and harvest more seeds and to support labor to get the best harvest. With the profits, she wants to reinvest in her business.

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