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Expanding Access to Finance in DRC

Sector: Government • Location: Congo, Democratic Republic of

Source: International Finance Corporation (IFC)

Project
Completed

This project will be implemented through FINCA International, Inc. which will support the scaling up of its affiliate operating in the Democratic Republic of Congo, FINCA DRC. FINCA DRCs vision is to be the leading full service, retail micro finance institution meeting the needs of the DRC market with a focus on the low-income segment. FINCA DRC sees savings as a significant driver of growth, and

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The project “Expanding Access to Finance in DRC” is an infrastructure initiative in the Government sector, located in Congo, Democratic Republic of. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

Original status

completed

Taiyo status

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Email

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Description

Description

This project will be implemented through FINCA International, Inc. which will support the scaling up of its affiliate operating in the Democratic Republic of Congo, FINCA DRC. FINCA DRCs vision is to be the leading full service, retail micro finance institution meeting the needs of the DRC market with a focus on the low-income segment. FINCA DRC sees savings as a significant driver of growth, and most importantly, provides its clientele with a secure place for their savings; thus, FINCA DRC will massively scale up savings mobilization in the coming years and will do so, in part, via the deployment and roll out of delivery channels. In the first two years FINCA DRC will focus on further penetrating the vast underserved markets of Kinshasa and Lubumbashi, adding a third region by third year of the project.

Original sub-sector

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Original Currency

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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