OFFICIAL STATEMENT
For immediate release
Kigali, Rwanda, August 27, 2018
Ndera Affordable Housing Project

Contrary to information circulating on Social Media platforms about owning a home in the Ndera Affordable Housing
Project, BRD would wish to clarify the following:

• The 1st phase of construction will be 1,750 houses/units.
• The location of the plots is at Gasabo District, next to the Free Trade Zone, locally known as kuri cumi nagatanu.
• Registration (booking) for interested buyers is ongoing. For affordable housing category, you have to be a first time
home/house owner.
• Salaried household income between minimum 200,000 Rwf/month net and max 1.2m Rwf/month net
(More criteria on the commitment form page 1 and price table on page 2).
This can be a combined income for spouses or one income for a single person. This is for affordable housing category only.
• First come first served basis, interested people are encouraged to book/register and have the 5% down payment ready.
Once the required minimum bookings are reached, the entire 1st phase (1,750 units) will be constructed at once.
• The houses highlighted on the form, as at Market rate value are not considered in the affordable housing category therefore not under the specified criteria.

The commitment form can be found on the BRD website www.brd.rw
Kindly fill the form, sign, scan and email it to g.umutoni@brd.rw or deliver  it physically to BRD Bank.
One can also pass by BRD Bank reception and sign the commitment form. For more information call +250 784 258 599

Click here to discover BRD official statement of Ndera Affordable Housing Project and form

Ndera_Project1

Ndera_Project4

Ndera_Project5

Ndera_Project3 Ndera_Project2

ANNOUNCEMENT TO NEW STUDENTS ON GOVERNMENT OF RWANDA STUDENT LOAN SCHEME

The Development Bank of Rwanda (BRD) wishes to call upon all new students on the list published by the Higher Education Council (HEC) that have been granted a student loan for 2018/19 academic year to register and sign a student contract in the Education Finance Management Information System (EFMIS) of BRD.

Provision of adequate and accurate information is a requirement as per Law Nº 44/2015 of 14/09/2015 governing student loans and bursaries. Each student will automatically receive a username and password via the email they provided to HEC during the loan application process and will follow the guidelines provided in the system. EFMIS is accessible on the Student loan option at the top bar of the BRD website www.brd.rw. It is a requirement to all the students to fill and sign their contract in the system to enable onward processes.

The deadline for registration in the system is 31st October 2018.

For any clarifications, please contact BRD through student@brd.rw  or call the toll-free number 0788388168 for technical support.

Done at Kigali, 05th/Oct/2018

Management


CONDITIONS TO ACCESS THE MIS

  1. A student should be on the REB List within the System.
  2. Should have a valid email already registered in the system (for ongoing students, a new password will be sent to the email provided by the student during the singing of contract with BRD).
  3. For ongoing student, a student without a valid email address should send a message to student@brd.rw to be guided on the way forward. He/she should provide a telephone number, Registration number and College name.
  4. A student with a valid email registered in the system will receive a username and password through his/her email.

Request to employers to comply with the law nº 44/2015 of 14/09/2015 governing the student loans and bursaries

Request to employers to comply with the law nº 44/2015 of 14/09/2015 governing the student loans and bursaries

Pursuant to the provisions of the law nº 44/2015 of 14/09/2015 governing the student loans and bursaries, employers having staff who benefited from the student loans scheme have a duty to inform the Development Bank of Rwanda (BRD), a financial institution that has been mandated by the Government to manage the student loan scheme, in writing about their staff who benefited from student loans. The announcement in attachment serves to kindly request the employers to fill the form also attached and submit it to BRD through education@brd.rw in PDF, or submitted to BRD, Education Finance offices, located at Muhima KN2 Av34.

For more information on the process to be followed please refer to the announcement below:

Announcement_Employer_Compliance_Student_Loan

BRD_Form_for_collection_of_information_from_employers_about_mature_student_loan_beneficiaries

The Development Bank of Rwanda (BRD) wishes to request all employers having staff who have benefited from the student loans scheme from 1980 to comply with the law nº 44/2015 of 14/09/2015 governing the student loans and bursaries. Therefore, BRD requests the concerned employers and staff members the following:

brd_announcement_student_loan_recovery


RELOCATION OF BRD EDUCATION DEPARTMENT

The BRD Management would like to inform you that it has relocated the Education Department from Kacyiru to Muhima KN2 Av34, neighboring the NISR (National Institute of Statistics of Rwanda).

Ubuyobozi bwa BRD buramenyesha abantu bose ko ishami ryaro rishinzwe uburezi (Education Finance Department) ryakoreraga Kacyiru ryimuriwe ku Muhima iruhande rw’Ikigo cy’Igihugu cy’Ibarurishamibare (NISR).

REQUEST FOR EXPRESSION OF INTEREST (EOI) FOR RENEWABLE ENERGY FEASIBILITY STUDY

  1. Background

The Indicative Cooperation Program (ICP 2011-2014) between Belgium and Rwanda allocates a total grant envelope of 49 million euro to the energy sector in Rwanda. In March 2018, the Government of Rwanda and the Kingdom of Belgium signed a specific agreement establishing the project on Private Sector Participation in the Generation and Distribution of Electricity from Renewable Sources-PSPE. The purpose of PSPE project is to increase electricity from renewable sources by the participation of private sector through capacity building and technical assistance. The PSPE is jointly implemented by the Development Bank of Rwanda (BRD) and the Belgium development Agency-Enabel.

The general objective of PSPE is the provision of sufficient, reliable and affordable energy for all Rwandans, which is the same as for the three earlier contributions of Belgium to the nationwide Electricity Access Roll-out Program (EARP). The specific objective of PSPE is to support the participation of private project developers in the generation and distribution of electricity from renewable energy sources through capacity building and technical assistance.

To implement PSPE and REF projects, BRD is recruiting an individual consultant to support the feasibility study of renewable energy projects.

  1. Objective of the assignment

The objective of this assignment is to support Renewable Energy Developers in the feasibility study for bankable project proposals.

  1. Main duties and responsibilities 
  • Design and develop training manual of RE feasibility study
  • Conduct the preliminary training for design offices in Rwanda and select the best three amongst them for further training
  • Train Renewable energy developers on pre-feasibility studies
  • Review selection criteria for sites for feasibility studies and Lead the selection process
  • Train Experts from RE companies and three selected design office on RE feasibility study using 30 selected sites as study cases
  • Quality assure the feasibility study of 30 selected sites (feasibility study to be done during the training)
  • Submitting the required documents on time.
  1. Short listing criteria 
  • CVs detailing the relevant experience required and similar assignments completed successfully;
  • Copy of degrees and certificates
  • Provide project reference of similar assignment (Certificate of good completion or recommendation letter).

Interested candidate are invited to collect from BRD website the full Terms of Reference for this assignment.

For any clarification, please address it to the Chief Executive Officer of the Development Bank of Rwanda at the following email addresses: brd@brd.rw, copying gratien.gasaba@enabel.beh.mutijima@brd.rw, and a.gakwandi@brd.rw

Please download files below:

and fill the template form for online submission. Expression of interest shall be submitted to the Chief Executive Officer, Development Bank of Rwanda to the following link: https://www.brd.rw/procurement  not later than 03/01/2019 at 05:00 PM

Sincerely,

Chief Human Capital and Administration Services             Chief Executive Officer


REQUEST FOR EXPRESSION OF INTEREST (EOI) TO DEVELOP A MONITORING, EVALUATION AND LEARNING PLAN AND CAPACITY BUILDING FOR THE RENEWABLE ENERGY FUND HOSTED IN THE DEVELOPMENT BANK OF RWANDA.

  1. Background

In line with its objective of ensuring universal access to electricity, on July 7th 2017 the Government of Rwanda and the World Bank signed a for US$ 48.94 million funding from the Scaling-up Renewable Energy Program (SREP) for the implementation of the Renewable Energy Fund (REF) project, which intends to address affordability by incentivizing demand for off-grid electricity services through existing country systems, including SACCOs and banks, as well as extending access to finance to mini-grid developers.

The objective of the Renewable Energy Fund (REF) project is to increase electricity access in Rwanda through off-grid technologies and facilitate private sector participation in renewable off-grid electrification. The final project beneficiaries are Rwandese households and businesses, which will gain access to off-grid electricity services through solar systems or mini-grids and whose use of electricity will replace consumption of diesel, kerosene, and dry cell batteries as well as other alternative fuels. The direct project beneficiaries include participating SACCOs and banks (commercial, microfinance), and mini-grid developers.

The REF project is structured around two components: (i) Line of credit and direct financing for off-grid electrification; and (ii) Technical assistance, capacity building and project implementation support.

The REF project is already operational and is administered by the Project Implementation Unit (PIU) embedded within the Development Bank of Rwanda (BRD). The REF project provides access to local currency financing through four financing windows described below:

  1. Window 1 – On-lending through SACCOs to households and micro-enterprises: This window provides a wholesale line of credit to BRD for on-lending to SACCOs that comply with established eligibility criteria. SACCOs will on-lend the funds to eligible households and micro enterprises for purchasing Tier 1 and above solar systems. [1]
  2. Window 2 – On-lending through banks (commercial and microfinance) to households and small and medium enterprises (SMEs): This window provides a wholesale line of credit to BRD for on-lending to eligible commercial and microfinance banks, which will then extend sub-loans to households and SMEs for the purchase (and possibly, in the case of SMEs, distribution) of solar systems of Tier 1 and above access level.
  3. Window 3 – Direct financing of mini-grid developers: This window provides direct financing to eligible mini-grid developers to finance up to 70 percent of the construction of renewable energy based mini-grid systems.
  4. Window 4 – Direct financing of locally-registered off-grid solar companies supporting Tier 1 or higher solar systems: Once activated, this window will provide direct financing to eligible locally-registered off-grid solar companies offering at least Tier 1 solar-home systems and on-going maintenance services to its clients through delayed payment options.

In the framework of maximizing development impact, BRD measures and documents the socio-economic impact development from its financing interventions to ensure accountability to stakeholders. In 2016, BRD set up a Monitoring & evaluation Unit who have already drafted M&E framework and developed sector specific logical frameworks with key indicators of measurement that are subject to review and validation. However, there have been gaps identified in the bank’s monitoring, evaluation and learning (MEL) activities, hence the recommendation to hire experienced external experts to facilitate in developing an appropriate MEL plan and framework for overall Bank’s interventions and MEL specific Management tools for REF, as well as evaluation needed for each of the 4 windows to strengthen impact reporting for accountability to all Stakeholders.

  1. Objectives

The ME&L plan will encompass enhanced Management tools such as an appropriate MEL dash board, data collection and reporting tools, identification of key sector and project-specific indicators, and self-assessment learnings to inform future decision making. The framework will take full consideration of the fact that BRD as development bank aims to achieve sustainable developmental impact. This is important as it will ensure accountability to the use of the funds, report on the impact and be an avenue for attracting more funding and capital from investors, shareholders and development partners who will need a return on their investment.

The US$ 48.94 million Renewable Energy Fund project that is hosted at BRD is envisaged to facilitate the deployment of an estimated 445,500 off-grid connections and benefit 1.8 million people, 52% of whom are women. BRD is responsible for reporting on implementation of progress and achievement of the result indicators, and implementation of the necessary technical assistance to beneficiaries.

Therefore, the Development Bank of Rwanda (BRD Plc.) invites eligible national and international individual consultants and companies with demonstrable expertise to indicate their Expression of Interest for developing Monitoring, Evaluation and Learning (ME&L) plan and capacity building for the Renewable Energy Fund hosted in the Development Bank of Rwanda.

  1. Scope of services

 The overall objective of the consultancy is to build internal capacities to review the progress made by the Bank in fulfilling its set objectives and development results from financing interventions in the framework of the Renewable energy fund project, through an evidence-based development impact reporting and learning within BRD. This will be through improving monitoring, evaluation and learning (MEL) plan with a comprehensive MEL framework, indicators of measurement, data collection methods and responsibilities, aggregation, reporting and utilization as well as evaluation needed for each of the 4 windows of REF.

  • Specifically, for renewable energy fund project, develop a monitoring and evaluation (M&E) plan and monitoring/results tracking tools.
  • Develop a comprehensive web-based scorecard dashboard for MEL activities, as well as a reporting template to be used by BRD for each of the 4 windows to strengthen impact reporting for accountability to all Stakeholders.
  • Define and ensure clear understanding of the monitoring and evaluation roles and responsibilities of all stakeholders engaged in REF implementation related to setting up reporting mechanism for SACCOs, mini-grid developers, solar companies etc.
  • Define or propose an overall M&E learning plan which could comprise of local learning, regional study tour or hiring experts to conduct the training in Rwanda, with REF specific learning- topics, delivery approach, expected outcome, learning evaluation etc.
  • Facilitate in review and strengthen the existing M&E framework and develop M&E plan for overall Bank’s interventions with clearly defined key indicators of measurement, requirements and assumptions.
  1. Shortlisting criteria

 Certificate of company incorporation including firm’s address like (Telephone Number and e-mail address);

  • Ownership & governance structure of the firm;
  • Demonstration of at least three similar assignments proven by reference letters of successful completion indicating nature, type, and scope executed in the past five years (2017, 2016, 2015, 2014, 2013);
  • Availability of appropriate skills/expertise among the consulting firm’s staff including expertise in monitoring and evaluation by providing CVs of personnel (detailing similar assignments completed successfully) and their copy of degrees and certificates;

Interested Consulting Firms are invited to collect from BRD website the full Terms of Reference for this assignment.

The expression of interest should be addressed to the Chief Executive officer of Development Bank of Rwanda the following information email address procurement@brd.rw not later than 03/01/2019 @ 3:00pm local time.

Click the link  below to download:

For any clarification, please address it to the Chief Executive Officer of the Development Bank of Rwanda at the following email addresses: procurement@brd.rw copying brd@brd.rwh.mutijima@brd.rwo.mbabazi@brd.rw  and a.gakwandi@brd.rw.

Faithfully yours

Chief Human Capital and Admin. Services                                Chief Executive Officer

[1] The SE4All MTF initiative launched by the Secretary-General of the United Nations in 2011 aims to achieve universal access to modern energy services by 2030. The MTF measures access in the Tiered spectrum, from Tier 0 (no access) to Tier 5 (the highest level of access). Under the MTF, Tier 1 (minimum 12Watt hour per day) is defined as providing access up to four hours per day and at least one hour at night and can be used for basic applications such as task lighting, radio, and phone charging.


REQUEST FOR EXPRESSION OF INTEREST (EOI) TO DEVELOP A MONITORING, EVALUATION AND LEARNING PLAN AND CAPACITY BUILDING FOR THE RENEWABLE ENERGY FUND HOSTED IN THE DEVELOPMENT BANK OF RWANDA.

  1. Background

In line with its objective of ensuring universal access to electricity, on July 7th 2017 the Government of Rwanda and the World Bank signed a for US$ 48.94 million funding from the Scaling-up Renewable Energy Program (SREP) for the implementation of the Renewable Energy Fund (REF) project, which intends to address affordability by incentivizing demand for off-grid electricity services through existing country systems, including SACCOs and banks, as well as extending access to finance to mini-grid developers.

The objective of the Renewable Energy Fund (REF) project is to increase electricity access in Rwanda through off-grid technologies and facilitate private sector participation in renewable off-grid electrification. The final project beneficiaries are Rwandese households and businesses, which will gain access to off-grid electricity services through solar systems or mini-grids and whose use of electricity will replace consumption of diesel, kerosene, and dry cell batteries as well as other alternative fuels. The direct project beneficiaries include participating SACCOs and banks (commercial, microfinance), and mini-grid developers.

The REF project is structured around two components: (i) Line of credit and direct financing for off-grid electrification; and (ii) Technical assistance, capacity building and project implementation support.

The REF project is already operational and is administered by the Project Implementation Unit (PIU) embedded within the Development Bank of Rwanda (BRD). The REF project provides access to local currency financing through four financing windows described below:

  1. Window 1 – On-lending through SACCOs to households and micro-enterprises: This window provides a wholesale line of credit to BRD for on-lending to SACCOs that comply with established eligibility criteria. SACCOs will on-lend the funds to eligible households and micro enterprises for purchasing Tier 1 and above solar systems. [1]
  2. Window 2 – On-lending through banks (commercial and microfinance) to households and small and medium enterprises (SMEs): This window provides a wholesale line of credit to BRD for on-lending to eligible commercial and microfinance banks, which will then extend sub-loans to households and SMEs for the purchase (and possibly, in the case of SMEs, distribution) of solar systems of Tier 1 and above access level.
  3. Window 3 – Direct financing of mini-grid developers: This window provides direct financing to eligible mini-grid developers to finance up to 70 percent of the construction of renewable energy based mini-grid systems.
  4. Window 4 – Direct financing of locally-registered off-grid solar companies supporting Tier 1 or higher solar systems: Once activated, this window will provide direct financing to eligible locally-registered off-grid solar companies offering at least Tier 1 solar-home systems and on-going maintenance services to its clients through delayed payment options.

In the framework of maximizing development impact, BRD measures and documents the socio-economic impact development from its financing interventions to ensure accountability to stakeholders. In 2016, BRD set up a Monitoring & evaluation Unit who have already drafted M&E framework and developed sector specific logical frameworks with key indicators of measurement that are subject to review and validation. However, there have been gaps identified in the bank’s monitoring, evaluation and learning (MEL) activities, hence the recommendation to hire experienced external experts to facilitate in developing an appropriate MEL plan and framework for overall Bank’s interventions and MEL specific Management tools for REF, as well as evaluation needed for each of the 4 windows to strengthen impact reporting for accountability to all Stakeholders.

  1. Objectives

The ME&L plan will encompass enhanced Management tools such as an appropriate MEL dash board, data collection and reporting tools, identification of key sector and project-specific indicators, and self-assessment learnings to inform future decision making. The framework will take full consideration of the fact that BRD as development bank aims to achieve sustainable developmental impact. This is important as it will ensure accountability to the use of the funds, report on the impact and be an avenue for attracting more funding and capital from investors, shareholders and development partners who will need a return on their investment.

The US$ 48.94 million Renewable Energy Fund project that is hosted at BRD is envisaged to facilitate the deployment of an estimated 445,500 off-grid connections and benefit 1.8 million people, 52% of whom are women. BRD is responsible for reporting on implementation of progress and achievement of the result indicators, and implementation of the necessary technical assistance to beneficiaries.

Therefore, the Development Bank of Rwanda (BRD Plc.) invites eligible national and international individual consultants and companies with demonstrable expertise to indicate their Expression of Interest for developing Monitoring, Evaluation and Learning (ME&L) plan and capacity building for the Renewable Energy Fund hosted in the Development Bank of Rwanda.

  1. Scope of services

 The overall objective of the consultancy is to build internal capacities to review the progress made by the Bank in fulfilling its set objectives and development results from financing interventions in the framework of the Renewable energy fund project, through an evidence-based development impact reporting and learning within BRD. This will be through improving monitoring, evaluation and learning (MEL) plan with a comprehensive MEL framework, indicators of measurement, data collection methods and responsibilities, aggregation, reporting and utilization as well as evaluation needed for each of the 4 windows of REF.

  • Specifically, for renewable energy fund project, develop a monitoring and evaluation (M&E) plan and monitoring/results tracking tools.
  • Develop a comprehensive web-based scorecard dashboard for MEL activities, as well as a reporting template to be used by BRD for each of the 4 windows to strengthen impact reporting for accountability to all Stakeholders.
  • Define and ensure clear understanding of the monitoring and evaluation roles and responsibilities of all stakeholders engaged in REF implementation related to setting up reporting mechanism for SACCOs, mini-grid developers, solar companies etc.
  • Define or propose an overall M&E learning plan which could comprise of local learning, regional study tour or hiring experts to conduct the training in Rwanda, with REF specific learning- topics, delivery approach, expected outcome, learning evaluation etc.
  • Facilitate in review and strengthen the existing M&E framework and develop M&E plan for overall Bank’s interventions with clearly defined key indicators of measurement, requirements and assumptions.
  1. Shortlisting criteria

 Certificate of company incorporation including firm’s address like (Telephone Number and e-mail address);

  • Ownership & governance structure of the firm;
  • Demonstration of at least three similar assignments proven by reference letters of successful completion indicating nature, type, and scope executed in the past five years (2017, 2016, 2015, 2014, 2013);
  • Availability of appropriate skills/expertise among the consulting firm’s staff including expertise in monitoring and evaluation by providing CVs of personnel (detailing similar assignments completed successfully) and their copy of degrees and certificates;

Interested Consulting Firms are invited to collect from BRD website the full Terms of Reference for this assignment.

The expression of interest should be addressed to the Chief Executive officer of Development Bank of Rwanda the following information email address procurement@brd.rw not later than 03/01/2019 @ 3:00pm local time.
Click the link  below to download:

For any clarification, please address it to the Chief Executive Officer of the Development Bank of Rwanda at the following email addresses: procurement@brd.rw copying brd@brd.rw, h.mutijima@brd.rw, o.mbabazi@brd.rw  and a.gakwandi@brd.rw.

 

Faithfully yours

Chief Human Capital and Admin. Services                                Chief Executive Officer

[1] The SE4All MTF initiative launched by the Secretary-General of the United Nations in 2011 aims to achieve universal access to modern energy services by 2030. The MTF measures access in the Tiered spectrum, from Tier 0 (no access) to Tier 5 (the highest level of access). Under the MTF, Tier 1 (minimum 12Watt hour per day) is defined as providing access up to four hours per day and at least one hour at night and can be used for basic applications such as task lighting, radio, and phone charging.