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

Florence's story

Florence is 42. She is the mother of four children. She has been in farming for the past 20 years. Her husband works as a farmer as well. With this loan, she will buy more fertilizers and support labor costs during maize production. The profits from farming will be for buying 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 under-served 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