A loan of $1,425 helped to buy fertilizers and support labor costs during maize production.


Frenady's story

Frenady is 41 years old. She is a widow who takes care of five children. All of the children go to school. She has been a maize farmer for 15 years. She would like a Kiva loan to buy fertilizers and support labor costs. She is dedicated to supporting her children in schooling with the profits that will be obtained from the 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