Gertrude Majyambere 22 June 2011 Business Partners International has been mandated to manage a basket of US$8 million fund to support Small and Medium Enterprises (SMEs) Raised by a consortium of financiers including International Finance Corporation (IFC), Stretcher Deon, BPI, and Rwanda Investment Enterprise Co Ltd (RIEC), the fund seeks to increase lending to SMEs. We believe by bringing BPI which is experienced in SMEs is the best way to serve Rwandan SMEs," Ignace Rusenga Mihigo Bacyaha, Senior Operations Officer at IFC said in an exclusive interview with Business Times. He said BPI will be in a position to give out some loans without demanding for collateral as well as addressing tight lending restrictions
Yesterday on RSE, no transaction was recorded as stockbrokers were trying to buy and sell at different prices.
The Bralirwa share price closed the day at Rwf220, unchanged from yesterday’s closing price. On the other hand, KCB share last transacted at Rwf175 whereas NMG share last transacted at Rwf1,200.
