Democratic Republic of the Congo
loan of 466 000€ *
(equivalent in local currency
(3 loans granted)
*Outstanding amount at grant valuePartner website
In 2015, agriculture accounted for 20.6% of GDP and employed a large percentage of the workforce. Despite a subsoil rich in mineral and natural resources, the DRC is marked by weak economic development and persistent poverty.
Created in 2013, BAOBOB RDC is a microfinance institution that has been operating since 2017. BAOBAB works to improve its range of financial products and thus contribute to the dynamism of the Congolese economy.
The institution’s mission is to provide accessible, simple and reliable financial services to people excluded or underserved by the traditional financial system, in particular micro, small and medium-sized businesses.