A loan of $3,900 helped a member to buy more fertilizers and support labor costs during rice production.


Cooproriz Ngiryi Migogo G7 Group's story

Aimable is 36 years old. He is a father of four children.

He will use the Kiva loan to support labor costs and to buy fertilizer during rice production. They need to buy fertilizer in order to increase their production.

With the profits from his farming, he wishes to invest in his business so that in the future he can acquire machines and tractors that will enhance his farming capacity.

Aimable is the group leader. To be identifiable from his group-mates, he decided to hold a red file as a sign of identifying him from the others.

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.

In this group: Vianney, Dominique*, Diogene, Jmv, Epiphanie, Faustin, Sylvestre*, Theoneste, Eugene, Marc, J Damescene, Raphael, Theoneste, Jean*, Andre, Josiane, Aphrodis, Vincent, J Bosco, Francois, Theoneste, Donath, Emmanuel*, Emile, Theogene, Celestin, Donatha, Viateur, Epaphrodite, Godelive, Godelive, Aimable, Jean Claude, Jacqueline, Tharcisse, Emmanuel, Etienne, Rumuwaridi, Vedaste, Josepha, Josephine, Samuel, Joseph, Aloysie, Augustin, Innocent, Viateur, Consessa*, Francois
*not pictured



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Loan details