Refinancing Facility for Microfinance Institutions Grant
organisation
An organisation based in Congo - Kinshasa
In context
This call is open to non-profits, co-operatives and social enterprises, at scale-up and mature. Coverage is read from the notice itself: Congo - Kinshasa.
Refinancing facility providing debt refinancing and portfolio guarantees to licensed financial institutions (MFIs, cooperatives, banks) that serve MSMEs and low-income populations in the DRC. Eligible applicants must be regulated by the Banque Centrale du Congo.
About this grant
The funder is the sister vehicle of the FPM ASBL, a fund established to promote financial inclusion and reduce poverty in the Democratic Republic of Congo. The funder was created in 2014 after licensing by the Banque Centrale du Congo, and its mandate is to provide refinancing to financial institutions in the DRC and to grant portfolio guarantees. The institutions it serves are those that finance micro, small and medium enterprises (MPME) and low-income active populations with real development potential. …
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Frequently asked questions
- Who can apply for Refinancing Facility for Microfinance Institutions?
- Eligibility covers organisations in CD; nonprofit, cooperative, social-enterprise. The full eligibility conditions are part of the Pro detail.
Relevant sectors
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