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Friday, 23 December 2011

Rwanda Microfinance Limited

RML, a microfinance institution, was incorporated limited liability company in May 2004 and started operation in October of the same year.

RML offers a wide range of products that address the needs of the micro, small and medium entrepreneurs and the Jua-kali.
Micro Corporate Loans

Micro Corporate Loans are individual based and target borrowers with some form of security like personal or business assets.
Product Features

The loan size for this product ranges from 200,000 to 2 million Rwanda Francs and the repayment terms are Weekly, Bi-weekly or Monthly basis. Loans are processed within 3 to 5 working days if your application meets all the requirements.

• Loan size (Capacity to pay) 200,000 – 2,000,000
• Loan Term Up to 6 months
• Repayment Frequency Monthly, Bi-weekly, Weekly
Eligibility:

• Be owner or co-owner of a business set up more than 1 year ago
• Same business location for 6 months
• Have a current patent or MVK Trading license
• Copy of your National Identity Card
• 2 recent passport size photos
• Bank account statement if available
• Collateral either business or personal assets
• A complete Micro Corporate loan application form.
Contacts:

Rwanda Microfinance S.A.R.L.
Albert Supply House,
Avenue Commercialle BP 6839, Kigali
Rwanda Tel +250 501 127
Mob. +250 08 30 40 77

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