Commerce, hospitality sector most financed sectors

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The commerce, restaurants and hotels were the most financed sectors in terms of access to credit by private sector from commercial banks in 2014. According to Central bank statistics, out of the total new authorized loans form commercial banks, commerce, restaurants and hotels took 41.6% of the total loans, a proportion that indicates the growth within the services sector. This saw total loans disbursed to private sector increasing by 38.2 percent to Rwf 652.9 billion in 2014 from Rwf 472.5 billion in the same period in 2013. “There is an improvement on the side of Banks on financing businesses mainly in these areas and we will as Central Bank continue to support banks to extend…

Bad loans now threaten microfinance sector

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The rapid growth of savings and credit co-operative societies without matching capacity to manage loans is partly responsible for the increasing bad loans. Latest statists from to national bank of Rwanda registered an increase its bad   loans from 6.8 percent recorded in 2013 to 7 percent by end of December 2014. “The capacity of loan officers to analyze loan applications and also ensure the monitoring after disbursement is still low,” Jessica Massi, a financial consultant said. Moreover, the lack of knowledge on the side of borrowers also contributes yet another threat to reducing bad loans. “We are carrying out a scientific research on the causes of bad loans which is becoming a prime threat to…

Nnta SACCO izongera kurenza 2% ku nyungu y’ufashe inguzanyo

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Nk’uko byatangarijwe mu nama yahuje amakoperative n’ibigo by’imari mu karere ka Nyabihu kuri uyu wa 17 Gashyantare 2015, nta SACCO n’imwe mu gihugu izongera kwaka uwatse inguzanyo inyungu irenze 2%, ahubwo bitewe na SACCO iyo ariyo ishobora kujya munsi yaho kandi uko uwafashe inguzanyo agenda yishyura inyungu yakwa ikagenda igabanuka. Ni mu gihe bamwe mu baturage mu karere ka Nyabihu bibumbiye mu makoperative badutangarije ko batiyambazaga cyane SACCO bitewe n’uko batinyaga ko bakwakwa inyungu ndende ku nguzanyo bafashe, mu gihe hari ibindi bigo by’imari byabashishikarizaga gukorana nabyo bibisangiye aho bakorera kandi byaka inyungu itari ndende ku nguzanyo nk’uko Musana Paul umwe mu bibumbiye mu makoperative yabidutangarije. Kuri ubu ariko ngo iki kibazo cy’inyungu abaturage bavuga…

Ngoma: Amatsinda ya baringa muri VUP atumye bishyuzwa inguzanyo batafashe

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Bamwe mu baturage  batuye akarere ka Ngoma bo mu mirenge ikorerwamo n’umushinga VUP bisanze bishyuzwa amafaranga  batigeze bafata nyuma y’uko hari abantu bafashe nimero z’indangamuntu zabo bakazifashisha bakora amatsinda ya VUP  ya baringa  ngo bahabwe inguzanyo . Abakozi ba VUP mu mirenge ndetse  na bamwe mu abayobozi kuva mu midugudu kugera mu murenge ni bamwe mu batungwa agatoki kugukoresha nabi ayo mafaranga  yatanzwe hagamijwe gufasha abatishoboye  bakora amatsinda bagahabwa inguzanyo ngo bakore imishinga ibafasha kuva mu bukene. Bamwe mu bavuga ko bisanze bishyuzwa amafaranga  batigeze banafata (itsinda rya Baringa) twaganira badutangarije ko  nyuma yo kumenya ko bishyuzwa  bagerageje guperereza bagasanga umuturanyi wabo  bakundaga kwita  Mukotanyi ariwe  wakoze itsinda rya baringa akabashyiraho ngo nabo barimo batabizi…

Borrowers contributing to high interest rates – Experts

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The banking sector has been pinned by the public for its high rates that make it difficult for eligible borrowers to access credit thus crippling the increase of flow of credit to the private sector. According to John Rwangombwa, Governor of the National Bank of Rwanda says that most borrowers cannot bargain for lower rates when they approach banks for a credit something that   contributed to laxity   by banks to bring down the rates. “The culture of borrowers not bargaining with banks have contributed to inefficiencies observed in the banking sector as indicated by high interest rate spread,” Rwangombwa said Moreover, other   borrowers are not aware of the conditions attached to the loans they  are…

Ngororero: Abatuye icyaro ntibaramenya ikigega BDF

BDF ifite amashami 3 mu karere ka Ngororero

Bamwe mu baturage bo mu karere ka Ngororero cyane cyane abatuye mu duce tw’icyaro bavuga ko batazi ikigega BDF (Business Development Fund), ndetse n’icyo gikora. Aba baturage bavuga ko bafite inyota yo gutera imbere ,bavuga ko ahantu bazi ko bashobora gukura amafaranga yo kubafasha ari mu mushinga VUP kuri bamwe ndetse no kugana amabanki ku bafite ingwate. Bakomeza bavuga ko batarabona umuntu ubasobanurira icyo kigega ndetse ngo abenshi ntibarumva ibyacyo ku buryo ubwo aribwo bwose. Mukandekezi Donatile utuye mu murenge wa Nyange acuruza ibinyobwa gakondo (urwagwa n’ikigage), Avuga ko abonye amafaranga nk’ibihumbi 100 ngo yakira ariko kuko nta ngwate yabona ngo ntiyabasha kuyaka banki. Tumubajije niba azi ikigega BDF, yadusubije ko ntacyo azi ndetse atigeze…

Rusizi: Barishimira ibyo bagezeho babikesha gukorana na za SACCO

Rusizi: Barishimira ibyo bagezeho babikesha gukorana na za SACCO

Bamwe mu baturage bo mu murenge wa Nyakarenzo mu karere ka Rusizi bakorana na SACCO Abesamihigo y’uwo murenge barishimira iterambere bagezeho barikesha gukorana n’icyo kigo cy’imari iciriritse. Mubyo bavuga bagezeho birimo kuba abagore bararetse gukesha amaramuko guhinga no gusaba abagabo babo ibyo bakeneye byose ubu bakaba barayobotse umwuga w’ubucuruzi. abaturage bo muri uyu murenge wa Nyakarezno bavuga ko bagobotswe na SACCO nyuma yo kuyigana bagashira ubwoba bakayakamo inguzanyo bashoye mu bikorwa byo kwagura ubucuruzi bwabo ndetse n’abandi  byatumye bava mu nzu za nyakatsi bakubaka izigezweho. HABIYAREMYE Domisiyani na NYIRABAKUNGU Florentina bavuga ko Sacco yabahaye inguzanyo bazikoresha mu mishinga itandukanye kuburyo batabura uko bikemurira ibibazo ibyo aribyo byose. BENINKA Charlotte umucungamutungo wa SACCO ya Nyakarenzo avuga…

Rutsiro: Sacco irasaba abanyamuryango kwishyura inguzanyo bahawe vuba na bwangu.

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Kuri uyu wa kane tariki ya 06/11/2014 Sacco Ngwino urebe Kigeyo (SANUKI) iherereye mu murenge wa Kigeyo ho mu karere ka Rutsiro irasaba abanyamuryango kwishyura inguzanyo bahawe mu maguru mashya bityo ntihazatezwe cyamunara ingwate batanze. Ibi byatangajwe mu nama rusange yahuje inama y’ubuyobozi n’abanyamuryango b’iyi Sacco, umucungamutungo akaba yaravuze ko kuba hari abanyamuryango batishyurira igihe bidindiza imikorere ya Sacco kubera gusiragira mu nkiko no guteza cyamunara ingwate batanze, abo banyamuryango bakaba barasabwe kwishyura vuba kugirango ingwate zabo zitazagurishwa. Umucungamutungo wa Sanuki Vincent Uwayezu yagize ati “Sanuki ifite bamwe mu banyamuryango batishyurira igihe kandi ibi bikaba bidindiza imikorere yacu akaba ariyo mpamvu tubasaba kujya bishyurira ku gihe kugirango tutajya mu manza bityo tugata igihe kandi nabo…

Nyamagabe: Bamwe mu bagana ibigo by’imari ntibishyura inguzanyo bahabwa

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Abagana ibigo by’imari bikomeye n’ibiciriritse bashaka inguzanyo, bafite ikibazo cyo kutishyura inguzanyo baba bahawe, bikabangabangamira ibigo by’imari gukora neza bikanatuma ibigo by’imari bitanga amafaranga mu manza zo kugaruza imyenda y’ababa barabyambuye. Kuri uyu wa 6 ugushyingo 2014, abitabiriye inama nyunguranabitekerezo ku ishoramali, barimo abakuriye ibigo by’imari bitandukanye n’abakuriye SACCO mu mirenge igize akarere ka Nyamagabe, bagarutse ku kibazo cy’abantu bambura amabanki n’ibindi bigo by’imari. Abitabiriye inama bavuga ko abaturage babambura bitwaje ko nta byangombwa by’ubutaka batse kuburyo byagwatirizwa, ndetse n’ubushake buke bwo kugira umuco wo kwishyura. Uwitwa Anisiya Mukagasana ushinzwe gucunga umutungo muri koperative yo kuzigama no kuguriza y’akarere ka Nyamagabe yagize ati: “hari abambura bafitemo ubushake, ukabona rwose umuntu afite ubushobozi, arakora umunsi ku…

Nyamasheke: BDF making dreams come true

Nyamasheke: BDF making dreams come true

Four months ago, the Business Development Fund (BDF) was launched Nyamasheke district. The BDF is now giving opportunities of Nyamasheke residents with a long time dream of owning a small or medium sized business. In an exclusive interview with Speaking with Valens Tugirimana, head of BDF in Nyamasheke district said, “The BDF will allow every residents, who has a good business plan but no collateral, to access loans. We believe that this initiative will add to the number of SME’s in the country, lowering the unemployment rate and increasing wealth” Tugirimana urged residents to utilise the opportunities Business development Fund brings into the district. BDF-Nyamasheke is in its campaign to sensitise residents on making business…