The Minister for Finance and Economic Planning, Uzziel Ndagijimana, has disclosed that over 3,000 small businesses have received financial support through microfinance institutions under the support of the Economic Recovery Fund.
He was speaking at a five-day Africa Microfinance Week and summit taking place in Kigali.
The largest inclusive finance conference in Africa, which has gathered around 600 international finance professionals, runs from October 19 to 22. It serves as a Pan-African platform for sharing insights and expertise on aspects of inclusive finance.
The summit provides a platform to discuss and share insights on strengthening the resilience of financial service operators and beneficiaries to shocks such as the Covid-19 Pandemic.
“African economies have been hard hit by the pandemic,” Ndagijimana said.
