MSME funding important for Rwanda

 

Rwanda has eased investing  and businesses seem to be taking advantage of the friendlier policies.

However, one of the biggest problems investors face in Rwanda is access to finance. But the way this problem affects large corporations is quite different from the way Micro, Small and Medium Enterprises (MSMEs) experience it.
Often, MSMEs lack collateral while large companies donot.

Small businesses also lack know how in business management practices whereas large ones can afford to hire consultants in case they need a special service.
These realities have created a difference between the two segments of the Rwandan economy and even lenders have for so long valued this disparity. If govt would ease access to funds for MSMEs, their contribution to the economy would be huge.

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