A loan of $1,375 helped to buy fertilizers and support labor costs during maize production.


Assinatha's story

Assinatha is a mother of three children. Assinatha is 60 years old. She has been a maize farmer for the past 40 years. She has requested a loan to buy fertilizers and support labor costs during maize production. With the profits from the business, she plans to buy a small tractor to help with the farming. 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