In a landmark moment for inclusive finance and diaspora engagement, SONARWA Life Assurance Company Ltd., in collaboration with the Ejo Heza Long-Term Savings Scheme, announced the launch of the Diaspora IWACU Retirement and Investment Plan. This innovative product is specifically designed to meet the financial and social protection needs of Rwandans living abroad, enabling them to save, invest, and stay connected to their roots. Diaspora IWACU combines long-term savings, life insurance, and investment benefits into one flexible and accessible solution. With a strong foundation of trust, digital accessibility, and national pride, the plan allows members of the diaspora to prepare for retirement, protect their loved ones, and contribute to Rwanda’s socio-economic development—all from wherever they are in the world. “For anyone in the diaspora seeking to grow their savings while securing their family’s future back home, Ejo Heza is the solution,” said Louise Kanyonga, Deputy CEO of RSSB. “With approximately 11% annual compounded interest, contributors not only save but watch their savings grow over time with stability and assurance.” A Tailored Solution for Global Rwandans Offered in four customizable tiers—Classic, Silver, Gold, and Diamond—Diaspora IWACU allows monthly contributions starting from as little as $25. The plan includes a high-yield savings component (up to 11% annual tax-free interest) and integrated life insurance covering events such as disability and death. Optional coverage extends to spouses, children, and parents, emphasizing family security. “What sets Diaspora IWACU apart is its inclusivity and cultural alignment,” said Gaspard Bayigane, Head of the Ejo Heza Scheme. “We designed it with the values of solidarity and resilience in mind. It offers peace of mind, knowing families are protected while giving back to their country.” Fully Digital and Seamlessly Accessible From onboarding to payment and policy management, the product is entirely digital. Customers can register through SONARWA Life’s website and pay via bank card or standing order, enabling Rwandans around the world to access robust retirement planning and financial protection with ease. Beyond individual benefits, Diaspora IWACU promotes financial literacy, mobilizes domestic savings, and drives inclusive economic growth by directly engaging diaspora communities. “Diaspora IWACU is a response to the needs and voices of our people abroad,” noted Isaie Muhoza, Acting CEO of SONARWA Life. “This is not just an insurance product—it’s a bridge between Rwanda and its global citizens. At SONARWA Life, we’re committed to offering meaningful, accessible solutions at every stage of life.” Enrollment Now Open The plan is now available to all Rwandans living abroad and can be accessed via digital platforms. This initiative reaffirms the shared commitment of SONARWA Life and Ejo Heza to financial inclusion, national unity, and long-term prosperity. About SONARWA Life Assurance SONARWA Life is Rwanda’s pioneering life insurance company, committed to delivering innovative and inclusive financial protection solutions. The company leads the market in developing customer-centric products that empower individuals and families to plan confidently for the future. About Ejo Heza Ejo Heza is a national long-term savings scheme established by the Government of Rwanda and managed by the Rwanda Social Security Board (RSSB). Its mission is to ensure that every Rwandan, regardless of income level, can build a secure and dignified retirement. For more information, please contact info.life@sonarwa.co.rw and communication@rssb.rw
