A loan of $1,100 helped to pay for labor costs to support her rice production.

Felecite's story

Felecite is 50 years old. She is married and has 8 children between the ages of 3 and 26 years old. She has been a rice farmer for 8 years. She has requested a Kiva loan to use to pay for her labor costs. She plans to use the profits to pay school fees for the children and to pay for medical insurance.

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