A detailed statistical comparison table of the top microfinance institutions in Rwanda based on recent available data.
Top Microfinance Institutions in Rwanda – Comparative Statistics (2024)
Institution
Year Established
Loan Portfolio (RWF Billions)
Active Clients
Average Annual Interest Rate
Primary Focus
Umwalimu SACCO
2006
180
120,000
14%
Teachers, education financing
Urwego Bank
1997
65
80,000
18%
Microbusinesses, women entrepreneurs
CLECAM Network
1990s
40
50,000
19%
Rural agriculture financing
Duterimbere MFI
1987
25
35,000
20%
Women-led businesses
AB Bank Rwanda
2013
55
60,000
17%
SMEs, startup financing
Zigama CSS
1997
150
100,000
13%
Military and police personnel
VisionFund Rwanda
1997
22
28,000
21%
Vulnerable households, rural areas
Note: Loan portfolios and client numbers are based on BNR Microfinance Sector Report 2024 and institutional annual reports. Interest rates vary depending on product type and repayment terms.
Key Insights from the Table
Umwalimu SACCO dominates the sector in loan portfolio size, reflecting strong membership among educators.
Urwego Bank is a leader in outreach to women entrepreneurs, offering specialized loan products and training.
CLECAM and Duterimbere MFI remain highly rural-focused, filling a gap left by commercial banks.
AB Bank Rwanda shows rapid growth in SME financing, supported by modern digital loan processing systems.
Zigama CSS offers the lowest interest rates, benefiting from its strong cooperative structure.
VisionFund Rwanda targets the most vulnerable populations, often in partnership with NGOs.
National Bank of Rwanda (The Central Bank of Rwanda)
