A loan of $1,275 helped to buy more fertilizers and meet labor costs during maize production.

Christophe's story

Christophe is 34 years old, married to a farmer, and the father of four children. In farming for 16 years, Chrisophe is requesting this loan to buy fertilizers and pay labor costs during maize production. He plans to use the profits to buy a tractor to replace the cost of human labor.

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