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Rwanda

Investment Director Christian B. Ramm and Investment Manager Godfrey Kaindoh recently visited Rwanda on a fact finding mission.
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A country on the rise

Small and landlocked Rwanda, with just 11 million inhabitants, has shown significant growth figures. For instance, GDP has grown on average 8% p.a. the last 15 years.

Rwanda also holds one of the peak positions among African nations when it comes to financial inclusion. The formal inclusion was 68% in 2016, and including informal financial access, the inclusion should increase to about 90%.  Yet, there is still a big potential both to reach the stated governmental goal of 100% financial inclusion, and to improve the financial services to people on the bottom of the pyramid.

Hence, NMI recently conducted a fact finding mission to Rwanda, meeting microfinance institutions, banks and authorities. The message was clear; increased inflow of funding for the microfinance sector is necessary to keep the momentum on rising financial inclusion.

Investment Director Christian B. Ramm and Investment Manager Godfrey Kaindoh
Nordic Microfinance Initiative AS

Postal address:
P.O Box 1925, Vika, N-0125 Oslo, Norway

Visiting address:
Rosenkrantz' gate 22, 7th Floor, N-0160 Oslo

Telephone: +47 22 36 22 40
Fax: +47 22 42 89 01
E-mail: info@nmimicro.no
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