The Effect of Money Markets on Development of Manufacturing Industry in Rwanda

Abstract

The purpose of the study was to assess the contribution of finance credit markets in the development of manufacturing industries. The study used descriptive research design to conduct a census on 22 employees of Sulfomanufacturing industry in Rwanda. Questionnaires were used to obtain primary data and documentary review for secondary data. The study concluded that money markets create trade opportunities through facilitating trade opportunities, by meeting short term capital needs and that that money markets facilitate company development through facilitating large investments. The study thus recommends thatmanufacturing industries should continue participating in finance and credit markets because it is important in development of manufacturing industries in Rwanda.