A loan of $1,150 helped to buy more fertilizers for use in rice production.

Jean's story

Jean is 61 years old. He is married with six children, aged between 2 and 26 years. He and his wife together are rice farmers, and they have spent more than twenty years in the farming sector. With the loan, he wants to buy more fertilizers for use in the rice production. The profits from the rice farming will be used to buy a motorcycle for use in transportation.

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