République Démocratique du Congo

Financial services

Financing granted

Loan of €626,000 *
(equivalent in local currency)

Foundation partner

since 2014
(3 loans granted)

*Outstanding amount at grant value

Context:

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.

The institution:

An institution specialising in microfinance, PAIDEK was launched in 1993 as a programme aimed at organising microcredit activities. Geographically concentrated in North and South Kivu, PAIDEK operates in both urban and rural areas.

Impact:

Through microfinance, PAIDEK contributes to the revitalisation of the local economy, the reduction of poverty and the establishment of an economic fabric, which should constitute a solid base for the development of the country.

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