A loan of $1,150 helped to buy more fertilizer to increase rice production.

Claudine's story

Claudine is 41 years old. She is married with three children; only two of them go to school. With the loan, she would like to buy more fertilizer for her rice farm. The profits from the rice will be used to help to sustain the family's needs.

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