Rwanda | KARONGI: BK Karongi Branch to help fishers on loan payment
Fish farmers in Western Province have expressed fear, following failure to pay bank loans on time; an attention that has led Bank of Kigali to promise immediate help.
After the Western province Administration and Ministry of trade and Industry decided to stop fishing at Lake Kivu for two months
Assistant accountant of Bank of Kigali (BK) Karongi Branch Charles Remezo asserts that if the Heads of fish sellers’ cooperatives explain the problem to BK administration, those who will fail to pay on time will be given enough time.
“Some fish sellers borrowed Rwf60.000 to be paid in a year or about one year and six months. They even have security they can use to pay the bank but two months is not a long time.
Since it’s not their fault, the bank will be patient with them until they start operating again because they have been good customers concerning paying back on time.”
Céléstin Bahizi, Governor of western province denotes that Lake Kivu is like a garden that gives food to many people.
Governor Kabahizi was referring to small fishers who were going to spend two months without earning yet fishing is their only source of income.
He explains that the reasons behind the stopping of fishing at lake Kivu are : yields were low and fishing was done illegally causing security problems to the fishermen.
Charles Remezo, Assistant Accountant BK
“Small yields were a result of over fishing and little care for the fish. If you don’t put manure in your garden and care for it, you cannot get a good harvest,” adds Governor Kabahizi
The decision will take effect from July 29th 2012 to October 2nd 2012 in Rubavu, Rutsiro, Rusizi, Karongi and Nyamasheke districts.