FINCA helps Congolese living in poverty access financial services to improve the quality of life for themselves and their families.
Titiwa is excited, not worried, because her business is booming. She is already talking about her next loan. She wants to open another store in a different market, selling the same products. Titiwa knows her business and, with a little help from FINCA, she is confident of success.
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Facts about DR Congo
Ravaged by years of armed conflict and civil war, the Democratic Republic of Congo has seen much of its population displaced and in poverty. Over 60% of the population in the country lives at the poverty line, many of whom earn less than $2 a day.
The DR Congo, along with much of Sub-Saharan Africa, is on the verge of a crisis. By 2035, the International Monetary Fund estimates the number of Africans joining the working age population will exceed the rest of the world combined. To fill this surge, 18 million jobs will have to be created each year for the next 20 years across Africa. In the meantime, Congolese rely on the informal sector for a chance to earn a living.
When poor people in the informal sector have access to financial services, they can create jobs, earn more, build their assets and cushion themselves against external shocks. Since 2003, FINCA International has been fueling the informal sector and helping thousands of Congolese improve their lives. FINCA offers savings, loans and money transfer services throughout the country.
Head Office1286 Ave Tombalbaye
Entrée: au coin Ave Colonel Ebeya–Ave Hopital
BP 13447, Kinshasa 1
Telephone+243 998 527 240
2Population lacking account at formal financial institution.