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SAMPRO Ltd
SAMPRO Ltd is a Debt Collection and Property Management company created with an ultimate mission to be the risk management partner in the property management solutions to stakeholders with superior risk management services.
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SAMPRO LTD
Safe Property Management and Brokerage Company (SAMPRO Ltd) is a private company with limited liability by shares duly registered under Rwandan law with company code 103499268 registered from December 9, 2014 in the companies Registry. Its Headquarters are located in Rwezamenyo sector, Nyarugenge District, Kigali City. The office is accessible at the physical address KN 168St CENA House, Nyamirambo, P.o.Box: 6810 KIGALI-RWANDA.
What we offer
SAMPRO Ltd has structured the above business activities into the following services:
◾️ Property management services
◾️ Debt collection services
◾️ Factoring agency business
◾️ Loan or financing agency business.
◾️ Virtue office services
◾️ Security Agent services (SAS)
◾️ Bookkepping services
Our services:
Services we provide
Property Management Services
SamproLtd company offers services of taking care real estate firm in Kigali Rwanda specializing in residential and commercial rentals and sales. selling and renting is our strong suits we make sure that every deal close in favoir of our clients <br/> we can help you in managment of your property, if you have propert we can help you getting clients and make sure that any payment required will be paid on time without taking much of your time.
Debt collection Services
The role of a debt collection agency is to operate as middleperson between the creditor and the debtor by recovering the customer’s delinquent debts and remitting them to the original creditor. <p>According to article nine (9) of the Regulation N012/2017 0f 23/11/2017 on Credit classification and Provisioning, credit facilities in Substandard, Doubtful and Loss categories are nonperforming loans and must be classified according to the classification criteria provided for in this regulation. The Non-Performing Loans categories are the one which shall be entrusted to Debt Collection Agencies. In fact, the percent of non-performing loans reflects the health of the banking system. A higher percent of such loans shows that banks have difficulty collecting interest and principal on their credits. That may lead to less profits for the banks and, possibly, bank closures. It is evident that revenue for the Debt Collection Services industry will continue to increase as consumers are allowed a variety of lending facilities. In Rwanda, the debt collection industry landscape begun to change, with consumer preferences increasingly trending toward third party services to recover the debts from borrowers. With a continuous change management, an increasing product penetration is expected and of course an expanding customer base is expected to drive growth in the industry. It is now easier and more profitable to hire a private debt collection agency while concentrating on other business development goals with minimized stress about recovery.</p><b>Within the scope of the debt collection, a variety of services is offered as listed below:</b> <ul className={styles.listcontent}><li>Account collection services</li><li>Bill collection services</li><li>Debt collection services</li><li>Delinquent account collection services</li><li>Collection on debt portfolios</li><li>Repossession services</li><li>Credit reporting services</li><li>Dispute processing</li><li>Cease and desist collections processing</li><li>Settlement assistance</li></ul>The creditor will have to pay between 15% and 20% of the recovered amount due to the required efforts to collect the debt. SAMPRO will collect delinquent debts of all types: credit cards, medical, automobile loans, personal loans, business loans, student loans, and even unpaid utility and cell phone bills. <p>In fact, we have found that a straight forward professional approach to debit collection produces for better debt recovery than the traditional tactics. If your debtor is still in business, we feel you have a 90% chance of recovering your money. An account that may seem hopeless or destined for lengthy litigation may be resolved amicably through persuasive communication and with voice of reason.<br/> No advance fees is required. We operate on performance-only basis; when we perform, we get paid. Our motivation is to get money back in the client hands. We know that until we do so, we will not be paid. Accordingly, our motivation is propelled by mutual success and is result oriented. We are able to reach out and touch the debtors wherever they may be. When reason and negotiation fail, we are able to litigate and execute the claim for the client because when needed, we can sue your debtors whenever they are located.<br/> Our talented negotiators and lawyers bring a robust and imaginative approach to collect the debt. We are able to resolve any legitimate dispute and create workable solutions to recover the client’s money. For those difficult to find debtors, we have established relationship with private instigators who will find the debtors and their assets.<br/> We all the time make sure that our debt collectors have ample time in their scheduling to allow them the opportunity to provide our customers with the personal touch needed to make our relationship work. We do all the right things to maintain the customer’s loyalty by offering affective, personalized and courteous and prompt service.</p> No harassment of the debtor! We will always be fair, respectful, honest, and law-abiding while working with debtors.
Factoring services
A Factoring agency business is a financial intermediary that purchases receivables from an institution. A factor is essential a funding source that agrees to pay the institution the value of the invoice less a discount for commission and fees.</br>These financial services are new in our country, but are of high importance in developed countries. In one to three years, SAMPRO Ltd is ready to offer such services to all institutions and individuals in need.</br>Factoring is a financial transaction and a type of debtor finance in which a business sells itsaccounts receivables (i.e., invoices) a third party (called a factor) at a discount. A business will sometimes factor its receivable assets to meet its present and immediate cash needs. Factoring is commonly referred to as accounts receivable factoring, invoice factoring, and sometimes accounts receivable financing. <p>The factoring process can be broken up into two parts: the initial account setup and ongoing funding. Setting up a factoring account typically takes one week and involves submitting an application, a list of clients, an accounts receivable aging report and a sample invoice. The approval process involves detailed underwriting, during which time the factoring company can ask for additional documents, such as documents of incorporation, financials, and banks statements. If approved, the business will be set up with a maximum credit line from which they can draw. In the case of notification factoring, the arrangement is not confidential and approval is contingent upon successful notification; a process by which factoring companies send the business's client or account debtor a Notice of Assignment.The Notice of Assignment serves to:</p> <ul><li>Inform debtors that a factoring company is managing all of the business's receivables</li><li>Stake a claim on the financial rights for the receivables factored</li><li> Update the payment address usually a bank lock box.</li></ul> <p>Factoring therefore relieves the first party of a debt for less than the total amount providing them with working capital to continue trading, while the buyer, or factor, chases up the debt for the full amount and profits when it is paid. The factor is required to pay additional fees, typically a small percentage, once the debt has been settled. The factor may also offer a discount to the indebted party.SAMPRO LTD will explore many ways of factoring such as trade finance, agriculture valuechain, and forfaiting and supply chain.</p>
Financing agency business
In relation to Financing Agency Business, the sale of financial services doesn’t require physical presence in this era of the technology development. Currently financial transaction may be done through internet even for routine services: funds deposits, funds withdrawal, funds transfer and payment of invoices in short time without cash manipulation. The financial sector is on the heart of the development of enterprises/entrepreneurs and ipso facto the development of the country.<br/> The Globalization leads financial services providers and enterprises to adjust their practices to the current realities. Financial Services Providers have invested a lot in technology to enable the online delivery of services and reach more clients. Thus, there is no need for any person to report to the Bank or any other financial service provider to be served. Further, Banks in Rwanda have created a Unity in charge of Diaspora targeting Rwandans living abroad. Banks market Rwandan Diaspora to consume their financial products. However, we noted some loopholes in online delivery of financial services and considering the financial literature level of Rwandans, SAMPRO wants to play the intermediary role between banks and credit applicants</br></br> <h4>1. Virtue Office Services</h4></br><ul><li>Provision of registered address/virtual office (incl. P.O. Box, and post handling) and office space for temporary work</li><li>Keeping the Company’s physical files and original documents at registered address</li><li>The company incorporation and registration with the tax authority (any type of tax)</li><li>Branch or representative office registration for foreign Companies.</li></ul></br><h4>2. Security Agent Services (SAS)</h4></br>SAMPRO act as collateral agent/security agent across all types of secured loans. This ensures the borrower and lenders have a single point of contact and that the collateral is held by a licensed Financial Service Provider with established service provider relationships. The use of local offices from the outset of a transaction also ensures optimal efficiency in the event of a default or restructuring.</br></br>In such perspective, SAMPRO will assume responsibility of:</br></br><ul><li>Acting as the interface between the different loan parties</li><li>Registering the securities on behalf of the lenders who are not registered as lenders in Rwanda system</li><li>Accepting the pledge of the applicable collateral and enforcing rights against that collateral when directed to do so by the lenders</li><li>Taking special actions in respect of the collateral, such as safe keeping in secure fire-proof facilities and indicating in its records that the collateral is held for the benefit of the lenders.</li></ul></br><h4>3. Bookkeeping service</h4></br>Bookkeeping is essential not only to track the financial position of your business entity but also for its regulatory compliance. </br>Bookkeeping service is the practice of recording and keeping track of financial transactions of your business. The bookkeepers are required to summarize the activity of your business regularly into financial reports. These reports showcase the financial position as well as the performance of your business.</br>Besides maintaining financial records, bookkeeping services also include:</br></br><ul><li>preparing tax returns</li><li>Invoicing</li><li>monitoring performance indicators</li><li>cleaning up books of accounts</li><li>maintaining accounts receivable and accounts payable</li><li>reconciling financial statements with bank statements</li><li>undertaking budgeting or cash flow analysis</li><li>management reporting</li></ul>