A loan of $1,200 helped to buy fertilizers and support labor costs during maize production.


Chantal's story

Chantal is 27 years old. She is a mother of three children. She has spent 15 years as a maize farmer. She has decided to request a Kiva loan to buy fertilizers and support labor costs. The profits from the business will be used to expand and invest in the same business for a better future. 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


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Loan details