Wednesday
March 20
2019

New partnership to boost financial inclusion in the Democratic Republic of the Congo

FSD Africa and Equity Bank Congo have entered into a new partnership that targets unbanked people in rural areas in the Democratic Republic of the Congo.

The three-year US$2.8 million project will train and enrol at least 4,000 people to become bank agents across 22 of DRC’s 26 provinces. Once trained, the “Equity Cash Express” agents will help unbanked populations in rural areas gain better access to financial services including savings accounts, credit and micro-insurance products.

Photo courtesy of Paul Falardeau.

Source: ITNewsAfrica.com (link opens in a new window)

Categories
Finance
Tags
financial access, financial inclusion, financial services, rural development, unbanked