{Banque Populaire du Rwanda (BPR) was awarded the best financial institution that worked in partnership with the ministry of industry and commerce (MINICOM).
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This came as result of distributing, supporting and developing micro-finance projects around the country.
BPR was thanked on the way it managed to allocate funds and promoting small micro-enterprises, through supporting (PPPMER / Small Rural and microfinance-enterprise promotion project) which is set to end this year of 2013.
Over the last 13 years Banque Populaire du Rwanda was given 700 million Rwandan francs by “MININICOM “to be fairly allocated and distributed as loans to people with small projects.
The program was all about loan provision of the amount worth 1000,000 million Rwandan francs per project development and promotion.
On the closing ceremony of this project which took place this Friday, Innocent Burindi the head of BDF which works in partnership with MINICOM,
“BPR supported us very much through reaching, distributing and promoting small projects and businesses”.
He added that, BPR managed to distribute over 600 millions to small projects whereby by 900 million Rwandan francs came as loan returns, and 300 million Rwandan francs was profit.
According to the BPR Boss, Ephrem Twahirwa, “BPR as a financial institution did all its best for the successful allocation of these funds to the right projects.
He also added that BPR is ready to support that project; in any case there services are required again in future.
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