The Development Bank of Rwanda Spearheads Economic Inclusion Among Refugees
The Development Bank of Rwanda (BRD) has secured $9 million (over Rwf8.5 billion) from the World Bank to finance entrepreneurial projects initiated by refugees in Rwanda.
It seeks to stimulate financial institutions’ lending to refugees.
Under this agreement, BRD will provide matching grants to financial institutions that fund projects initiated by refugees or host communities as micro-small and medium enterprises, cooperatives or individuals.
Photo courtesy of NESA by Makers.