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    Signature(s)

    Amount
    € 5,000,000
    Countries
    Sector(s)
    Rwanda : € 5,000,000
    Credit lines : € 5,000,000
    Signature date(s)
    5/10/2009 : € 5,000,000

    Summary sheet

    Release date
    25 May 2009
    Status
    Reference
    Signed | 05/10/2009
    20090294
    Project name
    Promoter - financial intermediary
    Rwanda Global Loan III – Private Sector Support

    Banque de Kigali
    Contact person: Mr. James Gatera

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 5 Million.
    Not applicable.
    Location
    Sector(s)
    Description
    Objectives

    Line of credit for financing long-term loans in EUR and in local currency for investment projects operating in industrial and service sector in Rwanda.

    Financing of small and medium sized as well as micro enterprises in Rwanda.

    Environmental aspects
    Procurement

    All sub-projects financed under the proposed loan will be required to comply with the relevant national legal framework.

    Banque de Kigali will ensure that equipment, works and services to be financed will be prcocured at the most advantageous prices, having regard to quality and efficiency, and that an open international bidding procedure will be followed when applicable.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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