{{Rwanda\u2019s Small Medium Enterprises ( SMEs) are expected to grow stronger with an extra financial boost worth U$10million secured by the Development Bank of Rwanda (BRD) from the East African Development Bank (EADB).}}<\/p>\n
The U$10million credit will facilitate the BRD\u2019s long-term financing of development projects that target expansion of SMEs throughout Rwanda.<\/p>\n
This is the second time BRD has secured such funding from EADB. In October 2009, BRD secured $5m and has since been well serviced.<\/p>\n
According to Jack Kayonga (former) Chief Executive of BRD, the credit facility will complement efforts by the government and the private sector in the promotion of SME\u2019s.<\/p>\n
Duncan Mwesigye the EADB Uganda country Manager noted, \u201cWe have a deliberate focus on women and youth, as well as massive investment in rural areas. Rwanda depends on the capacity of SMEs to innovate and access new markets.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
{{Rwanda\u2019s Small Medium Enterprises ( SMEs) are expected to grow stronger with an extra financial boost worth U$10million secured by the Development Bank of Rwanda (BRD) from the East African Development Bank (EADB).}} The U$10million credit will facilitate the BRD\u2019s long-term financing of development projects that target expansion of SMEs throughout Rwanda. This is the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[75],"byline":[334],"hashtag":[],"class_list":["post-8869","post","type-post","status-publish","format-standard","hentry","category-business","tag-homenews","byline-igihe-reporter"],"bylines":[{"id":334,"name":"IGIHE Reporter","slug":"igihe-reporter","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":334,"name":"IGIHE Reporter","slug":"igihe-reporter","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\/8869","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=8869"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/8869\/revisions"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=8869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=8869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=8869"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=8869"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=8869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}