DRC launches program to improve access to financial services
The Congolese government has launched the project "Making access to financial services as possible " (MAP).The Congolese government has launched
the project "Making access to financial services as possible " (MAP).
The objective is to improve access to banking services in the Democratic Republic of Congo (DRC) - where the banking rate is currently estimated at less than 5 percent - to enable the country be on a par with other African countries, where the banking rate average stands at around 15 percent.
The MAP process is a tool for thorough diagnosis and programming of the financial sector and for the promotion of inclusive financial sectors in the least developed countries.
A survey will be carried out in the next few days, which include 5000 people. It will help establish a roadmap to achieve the ultimate objectives of the project.
Congolese authorities have been urged within the project recommendations to improve access to savings, and microcredit, as well as money transfer and insurance.
Through this project, the government wants to open one million accounts for vulnerable clients such as farmers and fishermen by the end of 2014.