A loan of $1,100 helped to buy fertilizers and cover labor costs during maize production.

Solange's story

Solange is 27 years old. She is married to a farmer. She has been working as a farmer for the past 9 years. With the loan, she wants to buy more fertilizers and cover labor costs during maize production. She plans to use the profits for buying a tractor for better farming in the 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

Lenders and lending teams

Loan details