Rwanda Housing Finance Project (WB-P165649)

Countries
  • Rwanda
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Nov 29, 2018
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Ministry of Finance and Economic Planning
The holder of the loan, grant, or other investment.
Sectors
  • Construction
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 150.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 150.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Dec 9, 2018

Disclosed by Bank Apr 5, 2018


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Project Description

The development objective of the Housing Finance Project for Rwanda is to expand access to housing finance to households and to support capital market development in Rwanda. It has two project components. First component, Provision of Long-term Finance to Expand Housing Finance includes a Line of Credit (LoC) to support the provision of housing loans by Rwandan financial institutions; and Second component, Technical Assistance and Implementation Support is to strengthen the enabling environment for affordable housing and financing through technical assistance (TA) and capacity building.

Investment Description
  • World Bank (WB)
Contact Information

Ministry of Finance and Economic Planning
Eric Rwigamba
Director General
eric.rwigamba@minecofin.gov.rw

ACCOUNTABILITY MECHANISM OF WORLD BANK

The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.