A loan of $875 helped to buy more fertilizer and support labor costs during maize production.

Consolee's story

Consolee is 34 years old and married to a farmer. They have four children between 4 and 14 years old. Three of them go to school.

She wants a Kiva loan to buy more fertilizer and support labor costs. The profits from the business will be used to pay her children’s school fees. (The photo was taken at the place that farmers normally meet, not at her farm.)

The agriculture sector accounts for 37% of Rwanda's gross domestic product, generates 65% of Rwanda's export revenue, and employs 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