The launch took place on 3rd December at Mövenpick Hotel Kigali, marking an 
important step forward in our mission to make financial services more accessible 
and inclusive for all Rwandans.

K’avance is an overdraft facility that allows eligible MoMo users to carry out 
essential transactions—such as sending money, making merchant payments, or 
purchasing airtime—even when their account balance is too low to complete the 
transaction. 

How to Access K’avance 

Customers can access the K’avance service by: 
1. Dialling *182*5*2# 
2. Following the prompts to review and accept the Terms & Conditions
3. Receiving notification of their credit limit once approved, after which they can 
begin using K’avance.

Speaking at the launch event, MoMo Rwanda Ltd CEO Chantal Kagame said: 
“K’avance is another milestone in our journey to provide practical financial solutions 
tailored to our customers’ needs. We understand that access to small, timely credit 
can make a big difference in Rwandans’ daily lives, and K’avance is here to fill that 
gap.” 

Puneet Chopra, Chief Growth Officer at Yabx Technologies, said: 

“With K’avance, we’re addressing the real liquidity challenges faced by Rwandans in 
their daily lives. The service ensures that customers can access responsible, data
driven credit when they need it most—fostering inclusion, trust, and participation in 
Rwanda’s growing digital economy. Powered by Yabx’s advanced digital lending 
technology, K’avance is the first product of its kind in the market, combining cutting
edge innovation, local insight, and strong institutional partnerships to bring 
seamless access to financial support at the tap of a button.”

Benjamin Mutimura, CEO of I&M Bank (Rwanda) Plc, added:  

“K’avance is a strong example of how innovation and strategic partnerships can 
unlock meaningful impact. With this collaboration, we are delivering solutions that 
are not only timely but also relevant to the evolving needs of our customers. We 
remain committed to driving inclusive innovation that brings formal financial 
services closer to everyday life.” 

MoMo Rwanda encourages all customers to explore this service and take advantage 
of the convenience and flexibility it offers. Eligibility for K’avance is based on 
customer behaviour and scoring by TransUnion Rwanda, ensuring responsible 
access to credit.