Farmers, especially those in rural areas, who operate small agribusinesses, will now find it easy to assess funding to expand their agricultural projects. This follows the signing of a refinancing deal between Access to Finance Rwanda, Bank of Kigali, and Duterimbere IMF under which Duterimbere secured a Rwf400 million loan for on-lending to small farmers across the country.
The loan will be used by Duterimbere to increase access to finance by micro and small sized agribusinesses in the rural areas of Rwanda with a specific focus on small holder farmers, according to Jonathan Nkoola, the team leader of the Microfinance Challenge Fund. Read more. Source | New Times