A loan of $1,375 helped to buy more fertilizer and quality seed, for use during the production of potatoes.


Leonard's story

Leonard is 55 years old. He is married, and together, he and his wife have six children. With the loan requested, he will buy fertilizer and quality seed, for use during the production of potatoes. The profits from the produce will be used to benefit the family 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 under-served 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


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Loan details