The business community in Rubavu<\/span> and Rutsiro<\/span> districts have been urged to acquire loans to expand their businesses.<\/strong><\/p>\n <\/p>\n <\/strong><\/p>\n The call from FINA<\/span> Bank, Rwanda\u2019s leading SME<\/span> bank comes amid government\u2019s initiatives to strengthen the private sector especially the small scale and medium enterprises.<\/p>\n Jean Philippe Manzi<\/span> Gakuba<\/span>, Fina<\/span> bank\u2019s Rubavu<\/span> Branch Manager, said that the business community in the two districts should to take advantage of the available liquidity in the bank to access credit for their businesses.<\/p>\n The bank made the call, yesterday, in Rubavu<\/span> District during a one day seminar to avail their new plans and consult with clients in regard to its products.<\/p>\n \u201cWe assure them (business people) of enough liquidity in the bank which they should take advantage\u201d, he said, adding that many people were adamant to access credit from the banks after the global financial crisis.<\/p>\n With the current rise in inflation and increase in commodity prices, the bank is optimistic that its current 17.5 percent interest would remain unaltered to help businesses access loans easily.<\/p>\n The manager who was speaking during a one-week seminar, urged people with businesses to come up with business plans and forward them to the bank which would help to collect where necessary and acquire loans.<\/p>\n \u201cThis year we are targeting to give out Rwf2<\/span> billion in loans to small and medium enterprises,\u201d he said. He added that in the first half of last year, no loans were given out while only a few were lent in the second half.<\/p><\/p>\n","protected":false},"excerpt":{"rendered":" The business community in Rubavu and Rutsiro districts have been urged to acquire loans to expand their businesses. The call from FINA Bank, Rwanda\u2019s leading SME bank comes amid government\u2019s initiatives to strengthen the private sector especially the small scale and medium enterprises. Jean Philippe Manzi Gakuba, Fina bank\u2019s Rubavu Branch Manager, said that the […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[75],"byline":[296],"hashtag":[],"class_list":["post-227","post","type-post","status-publish","format-standard","hentry","category-business","tag-homenews","byline-our-correspondent"],"bylines":[{"id":296,"name":"Our Correspondent","slug":"our-correspondent","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":null}],"contributors":[{"id":296,"name":"Our Correspondent","slug":"our-correspondent","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":null}],"featured_image":null,"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/227","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=227"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/227\/revisions"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=227"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=227"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}