Anchor Finance is a Rwanda-based, non-deposit-taking financial service provider, offering flexible and transparent loan solutions designed for individuals, businesses, and organizations.
We offer a range of loan products, including Unsecured HIRWA Loan, Secured HIRWA Loan, Tender Contract & LPO Finance Loans, Tax Clearing Loans, Trade Uplift Loan with Movable Security Interests, and Trade Uplift Loan with Both Immovable and Movable Security Interests.
Our loans are available to individuals, small and medium enterprises (SMEs), and large businesses, provided they meet the necessary eligibility and documentation requirements.
Our interest rates vary by product but are generally set at competitive monthly rates ranging from 3.5% to 4.5% per month.
It depends on the loan type. Unsecured loans require no collateral, while secured loans accept collateral such as immovable assets, movable assets, bonds, or fixed bank savings.
Our loan processing is efficient, and most applications are reviewed and approved within 1 to 3 business days, depending on the loan type and completeness of documentation.
Yes, fees vary depending on the loan product, including application fees, disbursement fees, and management fees. Specific details are provided during the application process.
Late repayment penalties apply based on the product. Generally, penalties range from 10% to 40% on the amount in arrears per month or day, depending on the loan type.
You can apply online through our website, visit our office in Rwanda, or contact our customer service team for guidance.
Yes, early repayment is allowed. Please contact our support team for any applicable terms and conditions.