Suma Finance Ltd. is dedicated to empowering individuals and small businesses in Rwanda by providing inclusive, affordable, and reliable financial services. Our mission focuses on bridging the urban-rural financial gap, fostering financial literacy, and supporting Rwanda’s sustainable economic growth.
Our registered physical and postal address details will be shared upon formal request. For inquiries, contact us via email or telephone (details provided in the "Identification" section of our business plan).
You can reach us via email, telephone, or by visiting one of our branch locations (to be established). Contact details will be updated on our website and official communications.
We provide: Emergency personal loans (1–3 months), short-term loans (1–3 months), medium-term loans (4–6 months), long-term loans (7–12 months), SME and startup financing, and pawn loans (secured by collateral).
Interest rates range from 48% to 54% per annum, depending on the loan type. For example: Emergency personal loans at 54%, short-term/medium-term loans at 48%, and pawn loans at 54%.
Yes, fees include application fees (1.5%–2% of the loan amount), administration fees (1.5%–2%), and late payment penalties (as per the loan agreement).
We accept real estate, vehicles, office equipment, postdated bank checks, and accounts receivable.
Apply online via our portal/mobile app, in-person at a branch, or through authorized agents.
Required documents include personal identification, proof of income, employment/business registration details, and collateral documentation (if applicable).
Most applications are processed within 24–48 hours, thanks to our automated systems. Complex cases may require additional verification.
Repayments can be made via direct debit, online transfers, mobile money, or cash/cheque at branches.
Early reminders and grace periods are offered. Penalties apply for late payments. Loan restructuring may be available for financial hardship.
Collateral may be appraised and sold to recover the loan amount. Legal action may be taken if necessary.
Yes! We provide workshops, tools, and personalized advice to help clients make informed financial decisions.
We prioritize rural areas and SMEs with flexible terms, lower collateral requirements, and mobile-based services to ensure accessibility.
We collaborate with credit bureaus, banks, and local governments to enhance service delivery and compliance.
Yes. We use encryption, secure storage, and comply with data protection regulations (e.g., KYC, AML).
