The projects selected in Hanga Umurimo Program supported by the Ministry of Trade and Industry (MINICOM) on Wednesday 18th Sept 2013 was evaluated in Gicumbi district.
The 80 projects to be financed by the financial institutions are the projects that will provide more employment opportunities to people.
People who need financial backup in Hanga Umurimo program
The evaluation session was attended by financial institutions like Bank of Kigali (BK) and Banque Populaire (BPR) that will provide the finances to develop the selected projects.
According to Elyse Ntabwoba the BPR Gicumbi branch, the bank is going to do all the paperwork needed to release the funding as soon as possible to support the project. “We will not give attention to how long the project owners have used the bank accounts or the activeness of their bank accounts; we will just act on the collateral guarantee and funding the projects.”
Peace Murungi who coordinates the Hanga Umurimo Program in the Northern Province of Rwanda promised support to people who need help to make better their projects and expertise their guarantee. “Those who need help in our expertise should just make us know and we will help them to present well researched projects to the financial institutions.”
People with collateral guarantees and well prepared and worth projects that will provide employment to the people were assured of the financial credit to realize these projects.