The microfinance sector has a crucial role to play in providing financial services. In recent years, the landscape of the microfinance market has changed dramatically. Some institutions have therefore become formalized financial institutions. And they have been forced to focus on improving efficiency by retaining clients and identifying new clients interested in the financial services offered.

Also many modern ways of offering services took places with technological
change. The Rwandan microfinance sector faces a number of challenges in its development including :

• Insufficient skills in governance and management
• Low level of reporting procedure
• Poor internal capacities on risk management
• Non-repayment or long process to recover the loans
• Limited use of ICT
• Low transparency levels
• Poor commitment towards clients

Many of these challenges are being actively addressed by various actors in the microfinance sector to help strengthen the sector and improve the delivery of responsible microfinance in Rwanda.

For RICEM to be involved in the development of this sector, there are many numerous training offered through Microfinance modules :

Specific MFI modules :

• Induction Training for Board Members and Committees
• Effective Governance
• Implementing the new Cooperative Law 2021
• Internal Control and Audit
• Loan Management
• Delinquency Management
• Procurement Management
• Marketing
• Product Design and Development
• Accounting and Finance
• Cashiering Management and Customer Care

Cross-cutting modules :
• Savings Simulation
• Microbusiness Simulation
• Farmers Simulation

Visit RICEM training catalogue to find out more :



RICEM aims to professionalize the actors of the economic sectors cooperatives, SMEs and MFIs through training courses to make them experts in their job.

Contact Address

  • +(250) 783 551 066
  • KN 193 ST, Kabusunzu, Nyakabanda, Kigali, Rwanda