Request for Proposals for Consultancy Services to Provide Fund Management Services for the Microfinance Liquidity Fund
Entreprise non précisée
Published 1 week ago · Expires 3 weeks from now
Job description
ACCESS TO FINANCE RWANDA
Request for Proposals- AMENDED For CONSULTANCY SERVICES TO PROVIDE FUND MANAGEMENT SERVICES FOR THE MICROFINANCE LIQUIDITY FUND.
Subject of Procurement:
CONSULTANCY SERVICES TO PROVIDE FUND MANAGEMENT SERVICES FOR THE|
MICROFINANCE LIQUIDITY FUND.
Procurement Reference Number:
AFR/RFP-MANAGEMENT OF MICROFINANCE LIQUIDITY FUND /JANUARY/2026.
Date of Issue:
JANUARY 29, 202
REQUEST FOR PROPOSALS PROCUREMENT REFERENCE NAME: CONSULTANCY SERVICES TO PROVIDE FUND MANAGEMENT SERVICES FOR THE MICROFINANCE LIQUIDITY FUND (MLF). INTRODUCTION
About Access to Finance Rwanda (AFR)
Access to Finance Rwanda (AFR) is a Rwandan not-for-profit company established in 2010 to promote financial inclusion and financial sector development in Rwanda. AFR is currently funded by Sweden, MasterCard Foundation, Global impact/ Co-Develop and Jersey Overseas Aid.
AFR is part of the broader Financial Sector Deepening (FSD) network in Africa, which seeks to contribute to more inclusive and sustainable economic growth through financial inclusion and financial sector development by working with policymakers, regulators, financial service providers, and other market actors.
AFR supports the removal of systemic barriers that hinder access to financial services by low-income people, particularly the rural poor, women, youth, and MSMEs. AFR is guided by the Market System Development (MSD) approach recognizing that efforts to increase financial inclusion and financial sector development must be market-led, profitable, and sustainable.
Background of the Assignment
Rwanda’s microfinance institutions (MFIs) and savings and credit cooperatives (SACCOs) are the primary financial interface for MSMEs and rural customers. Yet many of these financial providers fund themselves with short-term, volatile RWF liabilities (member deposits and short credit lines) while lending to MSMEs on longer tenors, creating structural liquidity and maturity mismatches. Access to affordable, longer-dated local-currency term funding is limited, especially outside Kigali and for smaller institutions. High and uneven costs of funds, concentration risks, and seasonal cash-flow cycles (e.g., agriculture) compound these pressures.
Operational capacity gaps further constrain responsible growth: credit risk management, ALM/treasury, MIS and data quality, governance and compliance, product design and client protection, and cyber/data-protection basics. These weaknesses can lead to rising NPLs, slow remediation, and missed opportunities to serve priority segments—women, youth, and rural clients—at scale and with resilience.
The Microfinance Liquidity Fund (MLF) addresses these constraints through a Rwanda-domiciled wholesale liquidity facility in Rwandan francs (RWF) that on-lends to eligible intermediaries using instruments and tenors matched to underlying asset profiles. Facilities will be structured with risk-based pricing and covenants, and supported by discipline...
Request for Proposals- AMENDED For CONSULTANCY SERVICES TO PROVIDE FUND MANAGEMENT SERVICES FOR THE MICROFINANCE LIQUIDITY FUND.
Subject of Procurement:
CONSULTANCY SERVICES TO PROVIDE FUND MANAGEMENT SERVICES FOR THE|
MICROFINANCE LIQUIDITY FUND.
Procurement Reference Number:
AFR/RFP-MANAGEMENT OF MICROFINANCE LIQUIDITY FUND /JANUARY/2026.
Date of Issue:
JANUARY 29, 202
REQUEST FOR PROPOSALS PROCUREMENT REFERENCE NAME: CONSULTANCY SERVICES TO PROVIDE FUND MANAGEMENT SERVICES FOR THE MICROFINANCE LIQUIDITY FUND (MLF). INTRODUCTION
About Access to Finance Rwanda (AFR)
Access to Finance Rwanda (AFR) is a Rwandan not-for-profit company established in 2010 to promote financial inclusion and financial sector development in Rwanda. AFR is currently funded by Sweden, MasterCard Foundation, Global impact/ Co-Develop and Jersey Overseas Aid.
AFR is part of the broader Financial Sector Deepening (FSD) network in Africa, which seeks to contribute to more inclusive and sustainable economic growth through financial inclusion and financial sector development by working with policymakers, regulators, financial service providers, and other market actors.
AFR supports the removal of systemic barriers that hinder access to financial services by low-income people, particularly the rural poor, women, youth, and MSMEs. AFR is guided by the Market System Development (MSD) approach recognizing that efforts to increase financial inclusion and financial sector development must be market-led, profitable, and sustainable.
Background of the Assignment
Rwanda’s microfinance institutions (MFIs) and savings and credit cooperatives (SACCOs) are the primary financial interface for MSMEs and rural customers. Yet many of these financial providers fund themselves with short-term, volatile RWF liabilities (member deposits and short credit lines) while lending to MSMEs on longer tenors, creating structural liquidity and maturity mismatches. Access to affordable, longer-dated local-currency term funding is limited, especially outside Kigali and for smaller institutions. High and uneven costs of funds, concentration risks, and seasonal cash-flow cycles (e.g., agriculture) compound these pressures.
Operational capacity gaps further constrain responsible growth: credit risk management, ALM/treasury, MIS and data quality, governance and compliance, product design and client protection, and cyber/data-protection basics. These weaknesses can lead to rising NPLs, slow remediation, and missed opportunities to serve priority segments—women, youth, and rural clients—at scale and with resilience.
The Microfinance Liquidity Fund (MLF) addresses these constraints through a Rwanda-domiciled wholesale liquidity facility in Rwandan francs (RWF) that on-lends to eligible intermediaries using instruments and tenors matched to underlying asset profiles. Facilities will be structured with risk-based pricing and covenants, and supported by discipline...