{"id":40858,"date":"2020-02-19T17:17:14","date_gmt":"2020-02-19T17:17:14","guid":{"rendered":"https:\/\/new.igihe.com\/rdb-urges-financial-institutions-to-take\/"},"modified":"2020-02-21T18:17:52","modified_gmt":"2020-02-21T18:17:52","slug":"rdb-urges-financial-institutions-to-take","status":"publish","type":"post","link":"https:\/\/new.igihe.com\/english\/rdb-urges-financial-institutions-to-take\/","title":{"rendered":"RDB urges financial institutions to take apprentices on board"},"content":{"rendered":"<p>The workshop brought together members of the Association of Microfinance Institutions in Rwanda (AMIR), an umbrella body for microfinance institutions, Rwanda Institute of Cooperatives, Entrepreneurship &#038; Microfinance(RICEM) and Savings Banks Foundation for International Cooperation (SBFIC), a German NGO operating in Rwanda.<\/p>\n<p>Currently, there are 457 financial institutions licensed by the Central Bank of Rwanda and 95% of those institutions operate under AMIR.<\/p>\n<p>RDB stated that hiring the youth in financial institutions is key to the future of the country.<\/p>\n<p>Ngoboka Francois, RDB Head of Labour Market Interventions said that the reason why RDB invited financial institutions is that most youth who are seeking jobs target financial institutions and that they should, therefore, be facilitated to enter the workplace.<\/p>\n<p>He noted that young people who are new to the workplace don\u2019t have the required expertise to prosper in the workplace and the Dual Apprenticeship System in the financial institutions are the best spots to exercise the knowledge they have acquired in college. <\/p>\n<p>\u201cOf course, they have some skills but those skills can be multiplied through competent based learning and practice.\u201d<\/p>\n<p>Ngoboka said that although there are financial resources in the National Budget allocated to the youth seeking for internship opportunities, more needs to be done on the part of financial institutions to promote that initiative. <\/p>\n<p>\u201cIt is true that you cannot learn everything in school. Financial institutions should support the youth to practice what they have learned and still learning in the Dual Apprenticeship System and if their performance is commendable, hire them after their trial period.\u201d<\/p>\n<p>Maria Knappstein, Country Director of SBFIC Rwanda reported that since SBFIC started operating in Rwanda in 2009, they have been collaborating with AMIR to finance different projects directed towards supporting the youth seeking for employment. She said that providing internships is important to develop a qualified labor force for the future. <\/p>\n<p>\u201cWe follow up on the apprentices who obtain internships in financial institutions and ensure they gain more knowledge, skills, and attitude from the experience.\u201d<\/p>\n<p>Aimable Nkuranga, AMIR Executive Director said that the RDB initiative comes in handy for graduates who want to practice what they have learned. <\/p>\n<p>\u201c Apprentices spend only 20% of their time at the training academy (RICEM) and spend the remaining 80% putting to use their skills.\u201d<\/p>\n<p>Dr. Mukulira Olivier, RICEM Managing Director said that their contribution is to prepare curricula and follow up on the quality of knowledge transmitted during the apprenticeship. <\/p>\n<p>\u201cMost of the time, youth have no clue what to do once they enter the workplace. It is important to follow up on them every step of the way to ensure they know how to practice what they have learned in school and still learning in the Dual Apprenticeship System.\u201d<\/p>\n<p>Musangamfura Ignace, Goshen Finance Ltd Managing Director said \u201cEvery year, we welcome apprentices who are working to practice and improve the skills they have acquired in university and the Dual Apprenticeship System. We train them and allow them to grow professionally.\u201d<\/p>\n<p>He added that besides the allowance money RDB provides to interns, Goshen Finance Ltd facilitates the interns by providing Rwf 50,000 to each intern every month and facilitates transport throughout the entire internship period.<\/p>\n<figure class=\"spip-document spip-document-34850 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/abantu_batandukanye_bitabiriye_gahunda_yo_gushaka_uko_aba_bantu_barangije_kaminza_bafashwa-adc6e.jpg\" alt=\"RDB urged financial institutions in Rwanda to provide internship opportunities to the youth\" \/><\/figure>\n<figure class=\"spip-document spip-document-34851 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/abayobozi_batandukanye_basabwe_kwakira_urubyiruko_rubagana-7e61f.jpg\" alt=\"\" \/><\/figure>\n<figure class=\"spip-document spip-document-34852 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/abayobozi_mu_bigo_by_imari_batanze_ibitekerezo_uburyo_bakwakira_urubyiruko_rushaka_kwimenyereza-1349e.jpg\" alt=\"\" \/><\/figure>\n<figure class=\"spip-document spip-document-34853 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/abayobozi_mu_bigo_by_imari_biciriritse_bitabiriye_iki_gikorwa-55b43.jpg\" alt=\"The meeting brought together members of the Association of Microfinance Institutions in Rwanda\" \/><\/figure>\n<figure class=\"spip-document spip-document-34854 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/abayobozi_muri_sbfic_bitabiriye_uyu_muhango-3652c.jpg\" alt=\"\" \/><\/figure>\n<figure class=\"spip-document spip-document-34855 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/bamwe_mu_bahabwa_ubu_bumenyi_bavuga_ko_bahavana_ubumenyi_bwinshi-fdae5.jpg\" alt=\"\" \/><\/figure>\n<figure class=\"spip-document spip-document-34856 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/umuhuza_w_amagambo_mu_gikorwa_rdb_yakiriyemo_ibigo_bitandukanye_bifasha_mu_gutanga_ubumenyi_mu_barangije_kaminuza-39ce5.jpg\" alt=\"\" \/><\/figure>\n<figure class=\"spip-document spip-document-34857 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/umuhuzabikorwa_w_umushinga_sbfic_maria_knappstein_avuga_ko_mu_byo_bakora_harimo_kongerera_ubushobozi_ibigo_by_imari_baciye_muri_amir-f03b3.jpg\" alt=\"Maria Knappstein, Country Director of SBFIC Rwanda said they have been collaborating with AMIR to finance different projects supporting the youth seeking for employment\" \/><\/figure>\n<figure class=\"spip-document spip-document-34858 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/umuyobozi_mukuru_wa_goshen_finance_ltd_musangamfura_ignace_avuga_ko_ibigo_by_imari_bifite_inshingano_yo_gufasha_abashaka_kwimenyereza_umwuga-6ea4e.jpg\" alt=\"Musangamfura Ignace, Goshen Finance Ltd Managing Director\" \/><\/figure>\n<figure class=\"spip-document spip-document-34859 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/umuyobozi_mukuru_wa_ricem_dr_mukulira_olivier_avuga_bo_uruhare_rwabo_ari_ugutegurira_integanyanyigisho_ifasha_abarimu-c5df0.jpg\" alt=\"Dr. Mukulira Olivier, RICEM Managing Director said that their contribution is to prepare curriculums and follow up on the quality of knowledge transmitted during internships.\" \/><\/figure>\n<figure class=\"spip-document spip-document-34860 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/umuyobozi_ushinzwe_ubumenyi_muri_rdb_rusera_elodie_yavuze_ko_ibigo_by_imari_bikwiye_kugira_ubushake_bwo_gufata_abashaka_kwimenyereza_umwuga-313d3.jpg\" alt=\"Ngoboka Francois, RDB Head of Labour Market Interventions said that the reason why RDB invited financial institutions is that most youth who are seeking for jobs target financial institutions\" \/><\/figure>\n<figure class=\"spip-document spip-document-34861 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/umuyobozi_w_ihuriro_ry_ibigo_by_imari_iciriritse_mu_rwanda_amir_nkuranga_aimable_avuga_ko_iyi_gahunda_ifasha_abantu_barangije_amashuri_ku_buryo_ibyo_bize_mu_magambo_babihuza_n_ibyo_bakora_mu_kazi-b8932.jpg\" alt=\"Aimable Nkuranga, AMIR Executive Director said that RDB initiative comes in handy for graduates who want to practice what they have learned.\" \/><\/figure>\n<figure class=\"spip-document spip-document-34862 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/umuyobozi_wa_amir_avuga_ko_ibigo_by_imari_bikwiye_kugira_umuco_wo_gufasha_abarangije_kwiga-23c1d.jpg\" alt=\"\" \/><\/figure>\n<figure class=\"spip-document spip-document-34863 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/uyu_muhango_witabiriwe_n_abayobozi_batandukanye-2-d05a8.jpg\" alt=\"Mr. Faustin Mwambari is the Director General of Employment at MIFOTRA\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>In a workshop with major stakeholders in the financial sector, Rwanda Development Board (RDB) urged financial institutions in Rwanda to provide internship opportunities to the youth to complete the agenda of the government of Rwanda to have educated and experienced youth in the workplace through the initiative of the Dual Apprenticeship System<\/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":[75],"byline":[170],"hashtag":[],"class_list":["post-40858","post","type-post","status-publish","format-standard","hentry","category-news","tag-homenews","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\/40858","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=40858"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/40858\/revisions"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=40858"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=40858"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=40858"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=40858"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=40858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}