The Mayor of Kigali City, Monique Mukaruliza, has urged the street vendors in Kigali to work in cooperatives and avoid operating informal businesses. Mukaruliza made the remarks yesterday (Tuesday), while addressing the media in Kigali.
“People who want to do business should register with Rwanda Development Board (RDB) such that they can do formal businesses. The government has set programs that support small businesses such as Girubucuruzi, and work for self-reliance/Kora wigire such that they can succeed,” Mukaruliza said.
Girubucuruzi, aims at supporting low income earners who have bankable projects with loans ranging between Rwf 500,000 (for individual projects) to Rwf 2 million,(for associations) payable in two years, at an interest rate of five per cent per year. Borrowers do not have to present collateral in order to access funds.
“People who work in cooperatives develop easily. The progress you see in this city is about people who joined their efforts together, and some got loans and have constructed modern houses, we see in Kigali City today. We have seen people who were once street vendors but have now succeeded due to working together. Look at cooperatives in Gakiriro of Gisozi, those people were vendors but they made it ,” the Mayor added.
She noted that people who do informal businesses evade taxes. “We want street vendors to quit working on streets. They should work in an organized way and promote to the development of our country. We have registered some of them and we will provide them with business training, based on what they want to sell. Later we will look for them a good place where they will be selling their goods, such that they can develop,” she noted.