We will assess the need for collateral on a case by case basis. If collateral is required, we consider various forms including inventory or social collateral such as guarantors
You should be a registered business in Rwanda that has been profitable over the past 12 months. The business should a good track record of performance and a stable customer base.
For initial consideration, please submit:
More documents will be requested later as part of the due diligence process.
Once all the required documents have been submitted, you will receive a reply within 5 working days to let you know the status of your application.
We can transfer the money to you via cheque or bank transfer. In some cases, we may also choose to pay your supplier directly. We do not disburse cash.
You must disclose any existing bank loans during the application process. Some loan agreements or overdraft contracts restrict your ability to take out other loans. Check the loan agreement you signed with your bank to see if there are any such restrictions. If there are no restrictions, we can work with you. We may request second rank security on the collateral given to the bank.
We evaluate the credit limit on a case by case basis, taking into account the size of the business and the ability to repay. For new borrowers, the credit limit does not exceed Rwf 20M.
We charge two fees for our services: