A loan of $1,250 helped to buy more fertilizer to use during maize production.

Corneille's story

Corneille is 41 years old. He is married to a farmer, and they have been farming maize for the past twelve years. With this loan, he would like to buy more fertilizer to use during maize production. He plans to use the profit to buy extra land to cultivate.

The agricultural 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