KYBORA is proud to be working with Foundation Rwanda on a program that empowers second-generation rape survivors of the Rwandan genocide.
The Foundation Rwanda-KYBORA Initiative seeks to provide 50 young adults per year with training and small business loans, with the objective of creating financial independence and entrepreneurship in the community. The top 15 winners of a business plan competition will receive loans to launch their businesses, while having ongoing support for three years. Additional funding is needed to expand the program to support 100 entrepreneurs. Participants who receive loans contribute back to the initiative, by being part of a pay-it-forward program.
«My goal is to buy more equipment to expand my garage offerings.» – Bahati Pacifique
«The loan will help me expand my inventory and better serve my customers.» – Imanihiro J. Baptiste
«The loan will allow me to improve my business. Having experience managing loans before, I’m confident I can repay it effectively. This will also enable me to help my colleagues who were not selected this time.» – Pascaline
Below you can find and download the February 2024 Progress Report, which further details the Foundation Rwanda – KYBORA Initiative, as well as its current challenges and opportunities for future growth. Moreover, the impressive progress achieved by the first 10 participants is described, and case studies highlighting the three participants pictured above are shared.
Kindly click here to download the report so you can learn more about each participant and how the KYBORA Initiative is helping them create successful businesses.
We invite our colleagues in the biotech industry to join our initiative and help create a brighter future for these young adults and their families.
To learn more, please reach out via direct message on LinkedIn, write to us here, send an email to info@kybora.com or go to Foundation Rwanda‘s website.
