Financial institutions have been urged to go digital to boost access to credit among small and medium enterprises.
Experts say that embracing financial digital platforms will achieve financial inclusion targets.
According to Pascal Nyagahene, the Chief Executive Officer of MobiCash Rwanda, digitizing the financial industry will not only strengthen Rwanda’s credit system but equally increase access to credit.
“Increasing access to formal financial services means being able to mobilise domestic savings which is critical for economic growth,” Nyagahene, told The New Times. Read more. Source | New Times