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
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.
10
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);
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.
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
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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