A loan of $1,175 helped to buy more fertilisers and support labor costs during rice production.

Jean Bosco's story

Jean Bosco is 42 years old. He is married with five children and they all go to school. He has been working as a rice farmer for six years. With the loan, he would like to buy fertilizers and support labor costs during rice production. Jean Bosco plans to use the profits for buy a land for rice cultivation.

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