Leasing to answer SMEs’ challenges—Musoni

Leasing will address challenges faced by Small and Medium Enterprises (SMEs) when accessing funding, James Musoni, the Minister of Finance and Economic Planning said. Musoni said that Rwanda considers the private sector as the engine for its growth even if access to finance continued to be a challenge. Speaking at the opening of the 12th African Leasing Association (Afrolease) Convention at the Serena Hotel in Kigali on Monday Musoni said, “Leasing as the alternative financing mechanism will answer most of the challenges that this sector faces especially the SME.”