Editor,I am responding to Gilbert Kamali’s letter, “Good roads will boost economy”, published in The New Times one week ago where he expressed his views that it’s mere “sweet rhetoric” when officials remind people that “we don’t need money, but brains to start a business”.
Editor,I am responding to Gilbert Kamali’s letter, "Good roads will boost economy”, published in The New Times one week ago where he expressed his views that it’s mere "sweet rhetoric” when officials remind people that "we don’t need money, but brains to start a business”.For me, innovative entrepreneurs don’t beg for loan facilities. There is and they will always be money for brilliant projects; this can be through the "so-called business start-up loan facilities”, banks, individual investors, etc.For any money to be invested, there is a vetting process to be conducted. No one invests in a project without any chance of success. Having a good project proposal is just the beginning. After that you need the right audience to sell this proposal to. And it’s too bad if you are a poor salesperson for a good product.One of the solutions is to look for a good salesperson to assist you sell your proposal. If people are not buying into your project proposal, don’t blame them, and don’t blame the loan officer. I would advise you to fix the issues and go back to hunt for money for your project.You must also remember that no one will invest in your project just because you’re are a young Rwandan with "project proposal”. If it is really a good one, then it won’t stay unsold on the market for long.Personally, I totally agree with the "rhetoric” of most officials trying hard to break the inertia among our youth and other potential entrepreneurs created by the illusion that money has to come first. Paul Mugabo, Kigali, Rwanda