AFR begun its operations in 2010 with the core objective of stimulating the development of the financial sector in Rwanda. AFR’s intention is to remove the systemic barriers that hinder access to financial services by putting the low income people particularly the rural poor and women at the centre of its interventions. AFR supports the development and provision of financial services including savings, credit, insurance, payments and remittances. AFR is funded by FCDO, Sweden, USAID, the MasterCard Foundation and KfW.
To ensure long-term sustainability and consistency of its achievements, AFR supports the Government of Rwanda’s development objectives and aligns all her interventions to the national policy frameworks such as the Financial Sector Development Programme (FSDP 2), the Economic Development Poverty Reduction Strategy (EDPRS 2) , Vision 2020 and National Strategy for Transformation (NST 1).
To contribute to a deeper and more inclusive financial sector that supports the livelihoods and well-being of low income people in Rwanda.