Rwanda Global Loan III – Private Sector Support

Promoter – Financial Intermediary

Banque de Kigali
Contact person: Mr. James Gatera

Location

• Rwanda

Description

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.

Objectives

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

Sector(s)

• Credit lines

Proposed EIB finance (Approximate amount)

EUR 5 Million.

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

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.

Status

Signed - 5/10/2009