PRESS RELEASE: I&M bank drives growth for MSMEs with tailor-made asset financing solutions in Rwanda
Monday, November 27, 2023

In a strategic move to fortify its commitment to the growth and prosperity of Micro, Small, and Medium Enterprises (MSMEs) in Rwanda, I&M Bank has unveiled a specialized asset financing campaign titled "Agiserera na I&M Bank."

This initiative aims to transform the landscape for local businesses by providing customized financial solutions exclusively designed to meet their diverse asset financing needs. The campaign boasts a spectrum of benefits, promising a seamless path for MSMEs to acquire, upgrade, or maintain their fleet.

Central to Agiserera na I&M Bank is the commitment to a swift and efficient approval process, with a 24-hour turnaround time for responses. This rapid decision-making process ensures that MSMEs can navigate the dynamic business environment with speed and agility.

Agiserera na I&M Bank is revolutionizing financial support for local businesses with a specialized asset financing campaign. Offering up to 100% financing, the campaign provides flexibility for MSMEs, whether acquiring new or used vehicles. A standout feature includes a cash-back option through refinancing, along with access to financing for insurance premiums, safeguarding assets and operations. This holistic approach underscores the Bank’s commitment to empowering MSMEs with tailored financial solutions for sustained success.

To further streamline the vehicle acquisition process, I&M Bank has forged strategic partnerships with reputable dealers. This collaboration ensures that MSMEs can enjoy a hassle-free experience from selection to acquisition, making the entire process as smooth as a well-oiled engine. And as an added incentive, I&M Bank is introducing an element of excitement for early participants. The first 50 customers to embrace Agiserera na I&M Bank will receive exclusive prizes, enhancing the appeal of this opportunity.

Benjamin Mutimura, the CEO of I&M Bank, expressed his enthusiasm for the campaign, stating, "I&M Bank is proud to be the leading financial partner for the growth of MSMEs in Rwanda. Agiserera na I&M Bank reflects our commitment to customer delight and our dedication to continually develop tailor-made solutions that address the unique financial needs of local businesses. We believe in empowering MSMEs to thrive, and this campaign is a testament to our unwavering support."

Agiserera na I&M Bank marks another significant milestone in I&M Bank's journey, positioning the institution as a trusted financial ally for local businesses in Rwanda. This comes after the launch of a partnership with Old Mutual in September, allowing MSMEs to access insurance premiums and online account opening for retail and sole proprietors.