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Auxfam is an organization that will deliver several services for Families by using new technology. The most important services are the service for sending money home, install an MFI platform in a country to connect small banks and cooperatives.
UMVA stands for "Universal Method of Value Access" on the internet.
UMVA's goal is to develop a micro finance platform in a country to make it possible that UMVA members can send and receive money without a transaction fee.
UMVA is developed for End-users, Banks, Microfinance Institutions and Cooperatives.
AUXFAM Compnay profile dec 2009
Rwandan remittances rise 26 pct despite global slump
KIGALI, July 10 (Reuters) - Rwandan remittance inflows rose 26 percent to $71.4 million for the first 5 months of 2009, from $56.8 for the same period last year, in spite of the global economic downturn, the central bank said on Friday.
Rwanda's central bank governor, Francois Kanimba, said remittances to the central African country have grown around 25-30 percent annually since 2006 and have continued to climb against earlier predictions of decline this year.
Kanimba said money sent home to relatives in Rwanda in 2009 would likely total between $160-200 million, making it Rwanda's second biggest foreign exchange earner after tourism which brought in $214 million in 2008.
"We were surprised that in 2009, compared to 2008, there was some significant increase," he told Reuters by telephone.
Start with UMVA money transfer,
Please connect to the system and try it out.
To start with the money transfer system, you have to connect to UMVA and request an ID, you can do this on-line.
The UMVA ID is for free. After joining you will be able to request a bank account at one of the banks.
The bank will enter that bank account number in your profile. To speed up the process you can fill the form in UMVA Client at this site.
Thereafter you select a service level, Silver is the basic service; GOLD for more advanced level such as International transfer and cash transactions; and the Platinum level for the highest level of service.
UCT Bank is the Cooperative Bank in Rwanda
About UCT Bank :
The Union of the Co-operatives of the Workers, UCT, is an amalgamation of Co-operatives of the Workers, CT (Cooperative des Travailleurs), being within the limits of the territory of the Republic of Rwanda. It was created on December 9th, 1993 by Ministerial decree n° 045/3/30.
UCT in total has around 90.000 members and 20 locations.
CT Nyarugenge, CT Nyamirambo, CT Kacyiru, CT Gikondo, CT Remera, CT Kabuga, CT Mugambazi, CT Mulindi, CT Byumba, CT Musanze, CT Muhanga. CT Nyanza, CT Butare, CT Nyamagabe, CT Ngoma, CT Murambi, CT Nyagatare, CT Rubavu, CT Karongi, CT Rusizi
President of UCT is Mr. Martin Kampayana.
For more information please send your request to info.ctnyarugenge@uct.umva.org
Click below on the demo system or UCT Bank system
How to use the UMVA - UCT payment system
open this document to read how you can sign up to the system
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Subscribers in Nyamagabe.....
Donate a training for a person in Rwanda and AUXFAM will double
Donate a training for a person in Rwanda, only for 11 euro you give a person in Rwanda the possibility to work with a computer, send emails, can call with Skype, can send and receive money, know the way around on internet. More info on TRAINING sponsorship. If you want the system will set up a direct link between you and the student, the proof of the help is that he or she will be able to send you an email.
AUXFAM HOTEL Software is a specialized solutions for small Tourist businesses. The goal is to computerize hotels, with management and reservation, on line payment, international telephone, training, website design, email.
We have developed a special method to integrate international communication and payment processes and are able to finance the projects out of the benefits that can be achieved with our systems.
for more info cornelis.heesbeen@auxfam.com
PRESS
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