Problem

There is a great need for microfinance in Rwanda. With over 90% of its population living in rural areas without access to basic financial services and two-thirds living below the poverty line, there is a great deal of demand for microfinance products. Opportunity International Bank Rwanda will target the entrepreneurial and under-served poor in the country, many of whom are dealing with HIV/AIDS in their personal and family life.

The Gift

Like all Opportunity banks, Opportunity International Bank Rwanda will be expected to reach a triple bottom line of scale, sustainability, and transformation. In pursuing these goals, it will build on the experience of neighboring Opportunity International banks in reaching large numbers of micro and small entrepreneurs with loans, savings, basic business training and HIV/AIDS education. The new start-up has potential to serve 50,000 families annually as well as offer insurance to 250,000 individuals within five years. Bank Rwanda will be committed to the transformation of the poor by facilitating holistic development that addresses the economic, social, political and spiritual dimensions of their lives. One of the best ways to help those who have suffered in Rwanda is to provide them with access to working capital so they can start or expand a business, develop a steady income, support their families and rebuild their lives.