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Despite the significant growth in the Rwanda banking sector, few loans have specialized in agriculture financing except agriculture guarantees and other guarantee fund helping access to bank and microfinance credits farmers despite the fact that agriculture has been described as the key driver of sustainable economic transformation in contributing to the country’s GDP. Rwandan farmers have been requesting an agricultural development bank to be created in order to cater for the credit needs of farmers, microfinance institutions and cooperatives that credit facilities at high interest rates which is a key barrier on the side of the smallholder farmers and the nature of the sector on the other side. The general objective of the study was to examine the contribution of agri-business lending on economic transformation in Rwanda, taking BPR AgriBusiness lending in Rwamagana District as the case study. The specific objectives of the study were; to assess the contribution of BPR’s farm loans on economic transformation of Rwamagana District; to evaluate the contribution of BPR’s Agri-business cash advances on economic transformation of Rwamagana District; to assess the contribution of BPR’s direct farm ownership loan on economic transformation of Rwamagana District; and to examine the relationship between BPR’s agribusiness lending and economic transformation of Rwamagana District. The study used descriptive and correlation research designs. The target population of the study was 633 farmers servicing agri-business loans at BPR Atlasmara Branch in Rwamagana District and 4 credit managers located at the branch. The sample size n = 84 was calculated using bouchar formula. Purposive and systematic sampling techniques were used to select respondents. Primary data was collected using a survey questionnaire and an interview guide while secondary data was sourced from published and unpublished sources from the library and peer-reviewed articles from journals. Questionnaires were checked for errors and those found erroneous excluded from the final set to be analyzed. Accurately completes questionnaire were then coded and entered into the Statistical Packages for Social Sciences (SPSS) – Version 23 software for analysis. Data was analyzed using descriptive statistics in frequencies, percentages, standard deviations, and means. Correlation and regression analysis to determine the relationship between study variables. Respondents agreed that BPR’s farm loans had contributed to the economic transformation of Rwamagana by; reducing poverty (mean 4.27, sdv .78); increasing productivity (mean 4.39, sdv .83); increasing asset acquisition (mean 4.29, sdv.65); increasing cash flows (mean 4.29; sdv .80); increasing savings (mean 4.34, sdv .64); enhancing health and nutrition (mean 4.14, sdv .99); improving food security (mean 4.32; sdv .73); increasing employment opportunities (mean 4.50, sdv .69); and improving infrastructure (mean 4.17; sdv 1.16). Findings from the correlation analysis suggested positive correlations between farm loans and; poverty reduction (r .972**, p .000), increase in productivity (r. .254*, p .019), and Increase in agriculture cash flows (r .265*, p .045); Agribusiness cash advances and; poverty reduction (r .747*, p .036), increase in productivity (r .971**, p .000), and Increase in agriculture cash flows (r. .945**, p .000); and Direct farm ownership loan and; poverty reduction (r .572*, p .015), increase in productivity (r .579**, p .000), and Increase in agriculture cash flows (r. .775*, p .032). All the correlations were statistically significant given that the p value was < 0.05 and < 0.01. The findings from regression analyses suggested that all the dependent variables (poverty reduction, increase in productivity, and Increase in agriculture cash flows) International Journal of Advanced Scientific Research and Management, Volume 5 Issue 9, Sep 2020

Agri-Business Lending and Economic Transformation in Rwanda:Case Study of BPR Agri-Business Loans in Rwamagana District