1. Prosperity for Generations
Agaciro Development Fund

2. 1.The genesis of Agaciro Development Fund
Since its inception, the AgDF has achieved some significant milestones
Conceived during the 2011 Umushyikirano
Launched on August 23rd 2012 by H.E the President
The AgDF was initiated by voluntary contributions by Rwandans
Aimed at achieving financial autonomy and accelerating Rwanda’s development goals
The “Agaciro” spirit is more important than the contributions
Point 3: talk about perceptions and knowledge
So far, RWF 25 billion have been received in pledges
The AgDF will continue to be governed by high levels of prudence, accountability and transparency

3. Amount (in million RwF)
2. Financial Pledges
Component
Amount (in million RwF) %
Contributions from Government
15,854.7
62.2
Contributions from Corporate
3,978.1
15.6
Contributions from Business Employees (Corporate Staff)
537.4
2.1
Contributions from Diaspora
609.6
2.4
Contributions from Individuals
2,943.9
11.6
Contributions from NGOs (Churches, Political Parties & others)
182.3
0.7
Contributions from Friends of Rwanda (Mostly Local Consultants)
32.2
0.1
Cash received not pledged and reconciled
1,342.4
5.3
Contributions from SMS
3.2
<0.1
Total
25,483.8
100

4. 3. Financial Recovery
Component
Amount
(in million RwF) %
Amount Recovered (Cash in Banks)
9,334.6
36.6
To be recovered through installment payments
6,989.2
27.4
Other recoverable (Corporate, citizens…) *
6,124.1
24.1
Teacher's pledge
2,433.4
9.5
To be recovered from Diaspora
603
2.4
Total
25,483.8
100
* SMS contributions included here amount to 3,221,975
Monitor Company ©1999 — Confidential

5. AgDF will be governed by Rwanda’s new Trust Law
4. Legal Framework
AgDF will be governed by Rwanda’s new Trust Law
“The AgDF is a trust by the citizens of Rwanda, sponsored by the GoR aimed at ensuring prosperity for generations.
Under the guidance of the Board of Trustees, the fund manager(s) will invest the AgDF’s funds in select high return and high impact investments.
Under the custody of MINECOFIN, the Fund will be managed competitively and will uphold the highest standards of integrity, transparency and accountability.”
Agaciro
Monitor Company ©1999 — Confidential

6. 5. Resources Deployment
Projects will be selected based on criteria that balance financial returns and impact
Fund Investment
Criteria
Priority Sectors
Medium-Long term: part-ownership in new innovative and/or existing high growth companies
Growth potential
Track record of enterprise
Social benefit
Employment potential
Tourism
Housing
Education
Long term: Income generating projects done in partnership with established institutions
Return on investment
Socio-economic impact
Breadth of impact
Energy
Housing
Cooperative Development
Return potential
Risks
Short term-Medium Term: deposits in Treasury-bills, Term deposits and guarantee facilities
Interest rate
Employment potential
Revenues generated
Export potential
ICT
Tourism
Manufacturing
Agriculture (value added)
Monitor Company ©1999 — Confidential

7. The more we save and invest, the wealthier we become…..
6. Sources of Funds
The more we save and invest, the wealthier we become…..
Segment
Activation Strategy
GoR (National Budget)
3-5% of tax revenues
Citizens of Rwanda
Print, broadcast, social media
Events (Embassy/Umuganda/Concerts)
Agaciro Ambassadors
Business Community
Tax incentives
CSR Campaigns
PSF Networking event
Friends of Rwanda
Crowd funding
Capital Gains
Balanced Investment Portfolio
Monitor Company ©1999 — Confidential

8. Thank you