A loan of $1,000 helped to buy more fertilizers and support the labor costs in the maize production.

Liberta's story

Liberta is 32 years old. She is married and has two children, age 7 and 9, who go to school. She has been a farmer for the past 15 years.

She will use the Kiva loan to support labor costs and fertilizer during maize production; she needs to buy fertilizers in order to increase her production. With profits from her farming, she wishes to invest in her business so that in the future, she can acquire machines like tractors that will enhance her farming capacity.

The photo was taken recently at the previous maize plantation and says that the last season went well. The agriculture sector accounts for 37 percent of Rwanda's gross domestic product, generates 65 percent of Rwanda's export revenue, and employs approximately 90 percent 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 under-served 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