Access to finance,without the wait.
Vanguard Finance Ltd helps government employees, private and NGO staff, SMEs and general traders across Rwanda access fast, transparent credit — for the moments conventional financial institutions move too slowly to serve.
Common amounts — or type any figure above
Repaid over three months.
Your payment is the same every month: interest is charged on the full amount borrowed, for the whole term.
The 1.5% application fee and 1.5% administration fee are taken from the loan when it is paid out, so you receive slightly less than you borrow and repay only the monthly amounts above.
Indicative only, and not an offer of credit. Final terms depend on the product, your security and our assessment. There is no third charge waiting at signing.
Seven loans, sorted by how long you need the money
Tenor is what actually separates them, so that is how they are grouped. Every one is priced the same way — flat interest on the amount borrowed — with the same published fees.
Emergency Loan
A medical bill, a funeral, an urgent repair. Assessed on our fastest track and repaid in a single instalment at the end of the month.
Salary Loan
Credit against regular income for employees of government, private companies and NGOs. Where your employer holds an agreement with us, repayment is deducted before salary is paid.
Education Loan
School and university fees and the costs around them, structured around the academic calendar rather than the lender's convenience.
Home Equipment Loan
For furnishing or equipping a home — appliances, furniture, fittings — repaid over a quarter.
Business Loan
Working capital for traders and merchants to cover stock and day-to-day operations through a trading cycle.
SME and Company Loan
Larger facilities for SMEs and tender-awarded entities needing working capital to deliver on a contract already in hand.
Credit Line
A revolving facility for recurring or unpredictable needs. Draw what you need, and pay interest only on what you have drawn.
Every product costs 5% per month, flat — charged on the full amount borrowed for the whole term, so it does not fall as you repay — plus a 1.5% application fee and a 1.5% administration fee, both deducted once from the amount paid out. Late payments accrue 5% per month on the overdue amount only, never compounded. You may repay early at any time without penalty, paying interest only for the months that have passed. Those are the only charges, and final terms are confirmed per client following assessment.
Start with a conversation, not a pile of paperwork
Call or send a message first. We will tell you what your situation actually needs before you gather a single document — and much of what we ask for, you already have.
Talk to an advisor
Tell us the amount, the purpose, and how you plan to repay. We will say straight away whether we can help and what it would cost, and give you that in writing before you commit to anything.
We tell you what to bring
Requirements depend on the loan and the security. A salary loan against an employment contract asks far less of you than a six-month facility secured on property.
Decision and disbursement
Once your file is complete we assess and decide. Where tangible security is involved, funds follow registration of that security.
What we usually ask for
- Your national ID
- Your employment contract, if you are employed
- Bank statements for recent months
- Details of what you are offering as security
Applying as a business? We will also look at your RDB registration, tax clearance, and proof of the income you will repay from — an invoice, a purchase order, or a signed contract. If you are borrowing against property or another asset, a valuation may be needed, and we can point you to a valuer.
Not sure you qualify? Ask anyway. We assess people the conventional system turns away, and a conversation costs you nothing.
Transparency is a legal duty here, not a slogan
Rwandan law sets out what a lender owes a borrower before they sign. We would rather show you how we meet it than simply assert that we are trustworthy.
Every cost in writing, free, before you commit
Every client receives a written statement of the rate, the fees, the tenor and the total cost — at no charge, and before any signature is asked for. Our staff must disclose any conflict of interest that could lead to unfair treatment.
Your data stays yours
Only staff who need client information for their work can reach it. It is never shared without your written consent, except with the credit bureau or where the law requires, and records are disposed of securely when no longer needed.
If you fall behind, you hear from us first
Our recovery process is written down and followed in order. Before any action, you receive written notice of the amount overdue and how it was calculated, with 30 days to settle or agree a plan with us.
Your rights
Receive the contract at least two days before you sign. Change your mind within 30 working days of signing. Repay early at any time, without penalty. Get a free confirmation of every payment, and a statement whenever you ask. When you finish paying, your collateral is released free of charge within 15 days.
If you have a complaint
Tell us in person, by phone or by email. We acknowledge your complaint within one working day with a tracking number, and answer within 15 days. If you are not satisfied, contact the National Bank of Rwanda: SMS 6005, WhatsApp 0791 700 721, or its INTUMWA chatbot.
Compare before you borrow
Our rates and fees are published on GERERANYA, the National Bank of Rwanda's price comparison site (gereranya.bnr.rw), so you can compare us with other lenders. You can also check your own credit record free of charge by dialling *707#.
The people behind your loan
Every loan contract carries two signatures. Decisions are made by people who are named, accountable, and based here in Kigali — and where a post is still being filled, we say so.
Board of Directors
Mrs. Assia Niyibampa
Fifteen years helping Rwandan businesses grow, including export development programmes at the Rwanda Development Board and a Business Development Services centre for the Private Sector Federation. She is certified in SME management and access to finance.
Mrs. Innocente Mutesi
Seven years with the German Development Cooperation, most recently leading procurement for its Good Governance cluster, where every contract and payment had to withstand donor audit. She holds a degree in finance and a certificate in financial management from Cornell University.
Mr. Jonathan Butera
Managing Director of Vanguard Finance and a member of the board. His career in corporate credit management and donor-funded financial oversight shapes how the board approaches lending discipline and risk.
Management
Mr. Jonathan Butera
Thirteen years in credit and finance, ten of them at MTN Rwanda managing corporate credit and dealer portfolios worth billions of francs in receivables. He went on to oversee grants for programmes funded by the EU, Sida, SDC and GIZ, where every disbursement had to be documented and audit-ready.
Chief Accountant
We are recruiting for this position, which will carry responsibility for the company's books, financial reporting and loan portfolio accounting. The appointment will be confirmed with the National Bank of Rwanda.
Loan Officer
We are recruiting for this position, which will handle client assessment, credit analysis and the day-to-day relationship with borrowers. The appointment will be confirmed with the National Bank of Rwanda.
Talk to an advisor
Tell us roughly what you need. We reply within one working day.