The National Bank of Rwanda has instructed mobile network operators to waive charges on all transfers with bank wallets, person-to-person and merchant fees on payments.
In effort to safeguard employees and clients, the Association of Microfinance Institutions in Rwanda (AMIR) instituted various measures to raise awareness about the virus and control its spread in the industry.
The collaboration enables UNFCU members to transfer money to mobile wallets in select countries in local currencies.
FINCA Malawi Receives Initial Disbursement of a $1.5 Million Loan Facility From the Belgian Investment Company for Developing Countries
Through a network of 23 branches and 63 active agents across the country, FINCA Malawi serves more than 70,000 clients offering individual and group loans, savings and insurance products specifically designed for low-income entrepreneurs.
IFC, Rwanda Capital Markets Authority and Central Bank Join Forces to Boost Access to Long-Term Finance for Small Businesses
The four-year partnership will help expand access to long-term local currency finance in Rwanda for key sectors such as housing, agribusiness, and smaller businesses.