Release date: 18 April 2011
Promoter – Financial Intermediary
Banque Rwandaise de Développement (BRD)
Contact person: Mr Jack Nkusi KAYONGA, Managing Director
Location
Description
Line of credit for financing long-term loans in USD, EUR or RWF for investment projects operating in productive and services sector in Rwanda.
Objectives
Financing of investments of small/medium-sized as well as micro enterprises in Rwanda, with a focus on employment creation.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to the equivalent of EUR 8 million (maximum)
Total cost (Approximate amount)
Not applicable
Environmental aspects
All sub-projects financed under the proposed loan will be required to comply with the relevant national legal framework.
Procurement
BRD will ensure that equipment, works and services to be financed will be procured at the most advantageous prices, having regard to quality and efficiency, and that an open international bidding procedure will be followed when applicable.
Status
Signed - 19/09/2011
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).