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Sector Programme Microfinance III

Sector: Government • Location: Democratic Republic of Congo

Source: KFW Bank aus Verantwortung

Project
Completed

The FC measure addresses a major bottleneck for the economic development of the DRC: the blatant undersupply of financial services for Congolese MSMEs. The FC measure envisages further developing the FPM and expanding the lending of these financial institutions to MSMEs by providing long-term debt capital to local financial institutions. At the same time, in intensive dialogue between the FPM and

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The project “Sector Programme Microfinance III” is an infrastructure initiative in the Government sector, located in Democratic Republic of Congo. Taiyo aggregates data on it from KFW Bank aus Verantwortung.

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Participants

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Status

Original status

completed

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Email

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Description

Description

The FC measure addresses a major bottleneck for the economic development of the DRC: the blatant undersupply of financial services for Congolese MSMEs. The FC measure envisages further developing the FPM and expanding the lending of these financial institutions to MSMEs by providing long-term debt capital to local financial institutions. At the same time, in intensive dialogue between the FPM and the financial institutions, strategies are being developed to broaden their MSME product segment, deepen the customer segment and expand their activities to underserved provinces.

Original sub-sector

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Original Currency

USD

Original budget

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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