A loan of $625 helped to buy more fertilizers for use in rice production for better results.

Agnes's story

Agnes is 32 years old. She is a mother of three children and they all go to school. She has requested the Kiva loan to buy more fertilizers for use in rice production. The profits from the produce will be used to reinvest in obtaining a large plot of land for cultivating rice.

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