Safi product is targeting Self help groups and Voluntary Savings and Loan Association (VSLA's) in the deep rural areas. We partner with NGO’S who link their Savings Groups with VFR to access higher loans.
RWF 4,545,455
Matured groups after 12months of formation
Repayment frequency:Monthly
Recomemded by an NGO / Facilitating Agency / Local Authority
Ubwizerane is a graduation product offered to Community bank customers who have demonstrated growth, and who require larger loans to continue growing their businesses, and who have a good repayment record.
RWF 4,545,455
Crops can be: Seasonal Repayment holiday with monthly interest
Livestock can be: 1 to 6 month grace period then monthly principal and interest (P&I)
Urunana product is offered for Community Banking, basically group of people who have self-selected into groups of min 8 to max 15 individuals. The priority is given to Low income and micro entreprenuers particularly women and youth living inperi - urban and rural areas
Koramuhinzi Agricultural Loans products targets small holder farmers in rural communities, providing them with finance for their farming needs including loans for Inputs,
RWF 8,181,818
Matured groups after 12months of formation
Repayment frequency: Monthly
Recomemded by an NGO / Facilitating Agency / Local Authority
This product targets mainly active clients particularly women and youth. These are clients who are graduated from the community bank to join the Solidarity group after finishing a certain number of cycles for them to access a high loan amount
Agricultural production with innovation in processing, good packaging, export,… Grant accompanied with loan of 6 million to be paid at 12% and direct equity of 1 million.
Proof of agribusiness project owned by a Rwandan citizen
Proof that two years were spent after graduation from secondary or university studies
Cooperative or company registration proof
Proof that project is at start-up stage with less than one year of existence
Proof that the project is under combined production and agri-business or agro-processing
Proof of 10% of total project value owned by owner of the business
Product designed for clients in need of working capital for clients with emergency of money for finance their tenders or any other urgent need justified by the client.
RWF 454,545,455
Activity in trading
Identification card
6
EGF WINDOW 2 – Matching Grant Facility- For market-related costs
Encourage firms to enter the export market by reducing the costs to Rwanda Firms when adjusting to standards and other technical requirements in target markets.
RWF 890,913,636
Business for export
Business plan and loan application letter;
Feasibility study (where applicable);
Financial report for past three years (existing projects);
Land title/emphyteutic lease of the project site and securities;
Bill of quantities of constructions (hard and soft copy) + Perspective (if any);
Plans of constructions with District stamp (if any);
Valuation report of securities done by (person recognized by RDB + certified by IPRV);
Pro-forma invoice of equipment, raw material and materials to be bought; (if any)
Copies of contracts with service providers related to required financing (if any);
Clients/prospects in the various business units’ target markets fulfilling the risk acceptance criteria set by the Bank, but with a proven record of monthly income to be channelled in our books.
RWF 2 Billion
The IPF will be used to finance all types of insurance policies except medical and life insurance policies.
The Bank will only finance premiums for insurance policies that are current and continuing or newly written policies.
A commitment from the insurance company guaranteeing the repayment of the unutilized premium portion in case the customer fails to honor its repayment obligations within a period not exceeding 7 days.
Upfront payment of first two installments.
Personal guarantee of the shareholders for the total facility amount plus accrued interests.
Additional collaterals may be requested depending on the risk profile of the client.
An overdraft loan is a lending arrangement on a current account that permit the customer to over withdraw on current account up to the specific limit with a specific expiry date
RWF 5 Billion
Open account in UB
Procurement contract, sub-contract or Purchase Order
20% of customer contribution
Experience in business or in tender execution
Project description (customer needs statement)
Application letter
Company Registration Certificate/ID copy of the applicant and his guarantor
Legal status certificate - RRA Tax Clearance Certificate
Valuation report of collateral (done by a valuer who has a partnership with UNGUKA Ban
All housing and infrastructure projects implemented by the Development Bank of Rwanda (BRD) Plc. The aim of financing this sector is to expand access to housing, boost the services and innovation sector and support capital market
Business in Housing
Loan application letter along with a strong business plan
Financial report and bank statements for past three years,
ID of owner or company/cooperative registration certificate;
Promoter's contribution of at least 30% of the total cost of the project;
Bill of quantities of constructions (and soft copy) and perspective (if any);
Plans of constructions with District stamp (if any);
Valuation report of securities done by (person recognized by RDB and certified by IPRV);
Pro-forma invoice of equipment, raw material and materials to be bought; (if any)
REMA certificate with recommendations;
RRA and RSSB certificates;
RBS certificate;
All relevant authorizations in relation to the project to be financed;
Payment of nonrefundable service commission (1% of the Loan + VAT);
Land title/emphyteutic lease of the project site and securities;
BRD’s role is to insure efficiently the disbursement of loans and bursaries within Rwanda and abroad and enforce recovery of the loans. This service concerns both undergraduate students, postgraduate students and matured loans (income generating/employed loanees)
Only loans for energy
Compliance with prudential regulations
Adequate organization and governance
Capital adequacy –
Adequate profitability
Adequate liquidity –
Adequate credit portfolio structure and portfolio quality –
Adequate internal controls, overseen by Audit Committee –
Adequate accounting and book keeping and MIS system,
Facility enables customers to execute purchase orders or contracts. The bank finances up to 70% of the cost of the order/contract, excluding advance payments where applicable.
Existing business with signed contract to supply goods and services
To accept the payment of contract services into the customer’s designated account in Cogebanque
Application letter
Copy of original contract to supply goods or services,
The Financing Gateway provides you with a free listing of the many financing instruments available for MSMEs. It enables you to filter the instruments that match your needs and click through to the –financing provider’s Internet pages or Contact agent details to find out more and apply.
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