A loan of $1,250 helped to buy more fertilizers and meet labor costs incurred during maize production.

Vestine's story

Vestine, a 45-year-old widowed mother of three children, has spent 15 years in the field of farming and maize production. With this loan, she will buy more fertilizers and pay for labor costs incurred during maize production. The profits from the business will be used to buy a tractor.

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