Hot News‎ > ‎

How to Rent a RVE Home:

posted Oct 15, 2009, 7:59 AM by Benjamin Wise   [ updated Aug 25, 2012, 12:02 AM ]

Contact us/ Follow us on twitter @_RVE:  We are eagerly seeking feedback on our project to help ensure what we build meets your needs. In addition, the level of interest we receive will help us determine how many homes to build and what type of homes (houses for families, single people or individuals sharing a house).

Speak to your employer:  Partners in Health  is pursuing agreements with local banks to help its employees receive loans with favorable terms. The Ministry of Health could make similar arrangements with banks. By speaking with your HR department or CFO, you can find out if you qualify for low interest loans and what steps you can take to help negotiate the best terms with your bank.

Start saving: Many banks in Rwanda will only provide 70% or less of the money needed to buy a house, meaning that you must raise at least 30 % of the total cost. If you want to rent, a landlord such as RVE could require about two month's rent as a deposit before you move in.

Contact your bank: If you are considering buying and will need to take out a loan, it's important to speak with prospective mortgage lenders about their requirements. Some banks in Rwanda require you to open a Housing Savings Account and all will require special documentation from your employer. Obtaining a home loan in Rwanda is not easy, but many banks do offer mortgage products and we can help you navigate this process. Banks offering home loans in Rwanda include Banque de L'Habitat du Rwanda, CSS Zigama, Bank of Kigali and KCB. 


Comments