Terms of Reference for Microinsurance Market Assessment and Linkages With Agricultural Finance
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Job Description
Inkunga Finance Plc is a Rwandan microfinance institution providing savings and credit services mainly in rural areas. Founded in 1995 as a Savings and Credit cooperative, Inkunga Finance Plc transformed into a microfinance company in 2016 and obtained a deposit taking license from the Central Bank of Rwanda in 2017. Inkunga has approx. 42,000 active clients.
The MFI’s main operations are concentrated in the Western part of rural Rwanda with 7 branches in Rubengera, Bwishyura, Rusizi, Rutsiro, Bwishyura, Nyamasheke and Mahoko. Recently, the MFI opened a branch in Kigali at Nyabugogo and % sub-branches.
Through collaboration with ADA since 2022, Inkunga Finance Plc has pioneered forestry and agroforestry loans in Rwanda with 3 specifically designed and customised loan products to fit customer needs of smallholder farmers, small scale forest owners and forestry value chain SMEs to foster the adoption of agroforestry, sustainable forest management and business growth.