A loan of $1,350 helped to buy more fertilizers for use during rice production.

Pascasie's story

Pascasie, a 56-year-old married mother of three children who are between 21 and 24 years, has been growing rice for 20 years. She has requested a loan to buy fertilizers for use in rice growing. The profits from the business will help to provide food for the family and other basic necessities for a better 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