Financial Services for Everyone - Agent Banking in the Democratic Republic of Congo

Publisher:
World Bank
Publication Date:
22 May 2014
Tags:
Congo-Kinshasa, Banking and Insurance, Economy, Business and Finance

Banks generally consider poor customer too risky and too expensive to serve. Employing an innovative business model of agent banking and biometric technology however, microfinance bank FINCA is bringing formal financial services to the poor in the Democratic Republic of Congo. Even low income people now have a safe place to save money, earn interest and manage economic decisions.

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