On June 1st, 2020, 25 women-led
businesses out of 130 applicants were selected for this year’s BK
Urumuri 4th edition. These women entrepreneurs will receive a six (6)
months business accelerator program, including business training and
consulting from Inkomoko Entrepreneur Development, and a chance to win a
0% interest loan from Bank of Kigali.
The selected 25 include women entrepreneurs
from Rwanda’s fast-growing sectors: Light
Manufacturing, Agribusiness,
Fashion, Hospitality/ Tourism, Professional Services, Healthcare,
Handicrafts, Media & Advertising, Construction, Publishing, and
Software development.
This year’s BK Urumuri launch was done
virtually due to the Covid-19 pandemic, but participants were assured of
the efficiency of the services they will receive even in these unusual
circumstances.
In her congratulatory message to the selected
entrepreneurs, Bank of Kigali’s CEO, Diane Karusisi mentioned that this
year, BK chose to focus on unleashing the economic power of women
because women contribute significantly to the economic development of
the country. She also encouraged the selected women to use this
opportunity for recovering their businesses from the Covid-19 pandemic,
because even in crises there are also opportunities.
“Our partnership with Inkomoko this year will
focus on helping businesses to recover. So, to all the women who are
starting this journey with BK Urumuri, we want to tell you that it’s
time to strengthen your business because we believe that in periods of a
crisis, there are also opportunities. Work with us, work with Inkomoko,
learn, don’t give up; I know it can be tempting to give up in these
periods, but work hard and know that we will succeed together”, says Ms
Karusisi.
In her congratulations message to the
winners, Inkomoko Managing Director, Nathalie Niyonzima assured
entrepreneurs of Inkomoko’s commitment to offering them quality services
during the program through a team of experts assigned to them.
“We’re pleased to partner with BK again to
bring these Urumuri resources to women in all districts of Rwanda. Even
if we are operating in unusual circumstances, at Inkomoko we are
committed to providing quality services. The learning that you will get
from this accelerator program will not only support you to seek Bank of
Kigali’s 0% interest loan but will also prepare you to ensure your
business emerges stronger with new skills to navigate the post-Covid
business environment,” says Ms Niyonzima.
Inkomoko has been offering business skills
and consulting services to more than 5000 entrepreneurs in Rwanda for
over 7 years, and among them 100 BK Urumuri winners of the past three
editions who have commended the program for having contributed
tremendously to their business growth. Previous winners include the
famous House of Tayo, Moshions, Murukali Market Smart, Yummy and Fresh,
Mudacumura, Karisimbi Wines, Ki-pepeo Kids, Ishyo Foods, and many more.
Inkomoko’s programs have pivoted to support businesses virtually,
including digital services, ensuring compliance with health and safety
standards, focusing on revised cash-flows to adjust for Covid realities,
and have provided management and marketing trainings through Zoom and
daily WhatsApp tips to clients.
“I’ve had the opportunity to witness the past
entrepreneurs’ growth first hand, and we expect this year’s Urumuri
participants to push even beyond what we have seen possible,” says Ms
Niyonzima.
THE 25 SELECTED WOMEN-LED BUSINESSES:
- Exalto Engineering and Supply Solutions Ltd
- Uzi Collections
- Vakman Ltd
- Slice and Cakes
- Nova Leather Ltd
- ABCD Great Life Ltd
- Farmia Group Ltd
- Bee Light Ltd
- DM Bricola Ltd
- La Fotolia Ltd
- Huza Press Ltd.
- WEYA Creations Ltd.
- Jotete Investment Ltd
- Feed The World Company Ltd
- Gukora no Gucuruza Inkweto
- SHARAMA Events & Tours
- The Gold World Company Ltd
- Savior Civil Engineers Ltd
- Work Roselyne Ltd
- Berwa Crochet Ltd
- Endless Trading Company
- Data Systems Ltd
- Mugisha Timber Hub
- Bellavitae Medical Clinic
- Iwacu Poultry LtdAbout Inkomoko
Inkomoko has served the needs of Rwandan
businesses since 2012, providing business training, consulting, and
access to affordable finance through its partner, AEC Rwanda Trustee
Company Ltd. With 130 staff in 8 offices across Rwanda, Inkomoko’s
business accelerator has helped more than 5000 entrepreneurs in Rwanda
run their operations more efficiently and strategically. On average,
entrepreneurs in Inkomoko’s accelerator increase their annual revenues
by 80%.
For more information, visit www.inkomoko.com.
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About Bank of Kigali
Bank of Kigali is the largest commercial bank
in Rwanda, by total assets, Global Credit Ratings affirmed. Bank of
Kigali’s long-term and short-term national scale ratings of AA-(RW) and
A1+(RW) respectively with a stable outlook. The Bank has won several
back-to-back international and regional banking awards, including from
EuroMoney, The Banker, Global Finance Magazine, and EMEA Finance. It has
been named “Best Bank in Rwanda.”
For more information, visit www.BK.com.
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