- published: 10 Jul 2017
- views: 167
In the aftermath of the 1994 genocide, devastated communities in Rwanda's coffee-growing regions struggled to rebuild. In 2005, the Dukundekawa coffee cooperative, also known as Musasa, became Root Capital's first client in Africa. Since its founding, the enterprise has grown from 300 to more than 1,800 members. As Musasa cooperative members explain in this video, a reliable source of credit is essential to their cooperative's growth. Based on Musasa's contracts with leading specialty coffee buyers, Root Capital loans the cooperative money to purchase raw beans from its members. When the processed beans ship and buyers send their payment, a portion of the proceeds pays off the Root Capital loan. Since 2005, Root Capital has provided Musasa with more than one million dollars in financing...
CABI's coffee credit guarantee scheme is working to bring farmers and cooperatives the skills and capitalisation they need to increase yield, increase coffee quality, and ultimately improve the lives of farmers and their families.
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Rwanda has secured a new credit facility with the International Monetary Fund worth $ 204 million. It's designed to help boost Rwanda's depleted FX reserves. Our Washington Correspondent Daniel Ryntjes spoke with the IMF's Mission Chief for Rwanda, Laure Redifer who says the country's economy, is in good shape.
Credit: Euronews - Learning World Learning World visited northern Rwanda to examine a question that faces families the world over – when money is tight and resources are scarce, what routes are available to ensure that your children have access to quality, yet affordable, education?
By Amanda Good and Joanne Lu "Hey Brother" by Avicii Two friends' journey into the land of a thousand hills, featuring Amanda's work with hopeforlifeministry.org (a home for street boys) and Joanne's work with hopeinternationalrwanda.org (village savings and credit groups).