A loan of $1,200 helped to buy fertilizers andpay labor costs.

Goretti's story

Goretti is a widow who has two children and all of them attend school. She has spent eight years in the rice production business. She has requested a Kiva loan to buy more fertilizers and pay labor costs to get the best harvest. With the profits, she plans to pay school fees for her children.

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