{"id":36366,"date":"2017-11-27T10:31:16","date_gmt":"2017-11-27T10:31:16","guid":{"rendered":"https:\/\/new.igihe.com\/brd-recovers-over-rwf3-billion-from-student-loans\/"},"modified":"2017-11-29T11:31:29","modified_gmt":"2017-11-29T11:31:29","slug":"brd-recovers-over-rwf3-billion-from-student-loans","status":"publish","type":"post","link":"https:\/\/new.igihe.com\/english\/brd-recovers-over-rwf3-billion-from-student-loans\/","title":{"rendered":"BRD recovers over Rwf3 billion from student loans"},"content":{"rendered":"<p>In October 2015, BRD took over the responsibility of disbursing and recovering student loans and bursaries.<\/p>\n<p>Recently, BRD started talks with employees and employers, distributed lists of people who have benefitted from student loans and bursaries in host institutions so that they partner in recovering them amicably from the source.<\/p>\n<p> Speaking to IGIHE, a Senior Manager in the BRD\u2019s Education Finance Department, Fred Mugisha said that the move brought some good impact, despite  some employers\u2019 failure to provide  needed information about their employees who benefitted from the loan.<\/p>\n<p>\u201cSome employers understand their role in the process as they should provide information we need from their employees. When they deduct some amount from their salary they should deposit to our bank account and provide us with bank slips\u201d he explained.<\/p>\n<p>He said that accessing all needed information about beneficiaries was a very complicated exercise, but added that they are putting in place an electronic system that will provide with them all information of distributed loans, detail the amount someone should pay so that employers will know all information about their employees who benefited from the loan.<\/p>\n<p> \u201cEmployers will electronically send monthly lists and bank slips of people who have paid. For someone who will have completed to pay will be given a certificate of completion \u201d he said.<\/p>\n<figure class=\"spip-document spip-document-22888 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/mugisha-2.jpg\" alt=\"Senior Manager in the BRD\u2019s Education Finance Department, Fred Mugisha\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>The Rwanda Development Bank (BRD) has said that since 2016, they have recovered Rwf3,302,886,517 from beneficiaries of students loans and bursaries that accessed them while earning  University education. <\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[72],"byline":[170],"hashtag":[],"class_list":["post-36366","post","type-post","status-publish","format-standard","hentry","category-news","tag-featured-news-home","byline-igihe"],"bylines":[{"id":170,"name":"IGIHE","slug":"igihe","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":8}],"contributors":[{"id":170,"name":"IGIHE","slug":"igihe","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":8}],"featured_image":null,"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/36366","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\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=36366"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/36366\/revisions"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=36366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=36366"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=36366"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=36366"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=36366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}