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  • Access to Capital

Access to financial services in the DRC

Most women who start their own businesses do so with less money than men, and rely more on personal savings or loans from friends or family .

Lack of access to finance is a crucial problem for women entrepreneurs wishing to develop their activities in the DRC.

Given that the financial intermediation rates in the DRC remain one of the lowest in the world, the conditions for granting loans by the banks are difficult and do not allow women to have easy access to them.

Intermediation is a process by which customer deposits are transformed into loans.

Industry Promotion Fund-FPI

After an observation that the Industrial Sector lacked the means to ensure its effective start-up and the insufficient self-financing of companies to cover their investment needs. The Congolese State has therefore created the Fund for the Promotion of Industry-FPI by Ordinance Law No. 89-171 of August 07, 1989, which is an appropriate framework for financing the industrial sector with longer terms and at low interest rates.

This public establishment is established in all the provinces of the Democratic Republic of Congo whose General Management is located in Kinshasa precisely in the commune of Gombe at No. 16 Avenue Lukusa opposite the Cercle Elaeis.

The FPI's main mission is to promote the development of Congolese industry by, among other things:

  • Support for existing industries;
  • The promotion of new industries;
  • The promotion of small and medium-sized enterprises;

In order to promote Small and Medium Enterprises (SMEs), the Congolese Minister of Industry has decided that financing from the Industry Promotion Fund-FPI intended for investment will now be granted at a rate of maximum interest of 6% for all businesses. Specifically the business projects of young and female entrepreneurs will be financed at 4%.

The costs of opening the file are equivalent in Congolese francs to two hundred and ninety US dollars (US$290) at the daily rate and payable to the FPI's accounts housed in commercial banks, while indicating the name of the Promoter Company and the nature of the payment ( Expenses for opening the file ).

Click here to download the funding application form

To contact the head office of the Fonds de Promotion de l'Industrie-FPI

Moreover, the only other possible source of financing for women are banks and local microfinance institutions.

A few establishments offer credit services to their clients with particular attention to women entrepreneurs. These are among others:

angle-left Advans Banque Congo: Kinshasa, Kikwit, Mbuji-mayi, Tshikapa, Kananga

Advans Banque Congo: Kinshasa, Kikwit, Mbuji-mayi, Tshikapa, Kananga

Loans from Advans Banque Congo are dedicated to traders, craftsmen (men and women) and SMEs of all categories and are intended to finance activities regardless of their size.

The advantages and conditions for obtaining a loan:

  • Prior savings are not mandatory
  • Amounts from 100 to 200,000 USD
  • Monthly repayment varies between 1 to 36 months
  • Decision-making on file for a maximum of 15 days
  • Business growth ensured by financing for the purchase of equipment, inventory growth and one-off cash requirements
  • Support and advice from our agents

Credits and Benefits

Type of credit

Ceiling

Advantage

Kimia (tranquility)

From 100 to 2000 USD

- Waiver of debt offered in the event of death

- Security deposit to cover the risk of illness and other unforeseen events

Flexibility (Comfort)

From 5000 to 14 999 USD

- Disbursement of deferred credit at the request of the customer

- Abandonment of debt in the event of death up to 2000 USD

The Classic (Simplicity)

From 2,001 to 14,999 USD

Simple credit without option

SME Credit (the engine of development)

From 15,000 to 200,000 USD

- Credit with a grace period of flexible duration

- Simplified and fast analysis of the file

SPOT Credit (Express Credit)

From 5000 to 30 000 USD

To meet your one-time cash flow needs

Privilege credit

Offered in Congolese Francs and US Dollars

A guaranteed loan for public and private sector employees whose salaries are domiciled with Advans Banque Congo

group credit

From 500 to 5000 USD per group; group of 3 to 6 people

Surety.

Agricultural credit

Amount ranging from 500 to 14,999 USD;

- Duration varying from 3 to 24 months;

- Credit with 2 options: Advans Agro solidaire and Advans Agri plus;

National Credit

Amount varying from 500 to 5,000 USD equivalent in Congolese francs according to the rate of the day of the date of the granting of credit.

National credit secures entrepreneurs against exchange rate risks and makes it possible to deal with cases of illness and other unforeseen events through its security deposit.

Credit Ecclesia

Its maximum amount corresponds to 200% of the balance of the account opened in the name of the church for more than 3 months.

For the realization of church development projects

Bank overdrafts

Available in 3 types:

1. The overdraft endorsed to a term deposit

2. The overdraft endorsed to a salary account

3. Overdraft facility

The solution to customers' short-term business needs

Registered Address

Advans Bank Congo SA
4, Avenue Bas-Congo,
Crossing Avenues Bas-Congo and Ipenge
Kinshasa/Gombe,
Democratic Republic of the Congo Code

Telephone: +(243) 81 71 11 140

contact@advansbanquecongo.com

Addresses of agencies in provinces

Kikwit Agency

National Boulevard No. 98 in the municipality of Lukolela (lower town)
Kikwit - Bandundu

Tshikapa Agency

Avenue: 3097 LUMUMBA C/ KANZALA Ref: Roundabout 6 hours.

Mbuji-mayi Agency

10 boulevard M'Zee Laurent Désiré KABILA in the commune of DIULU, Mbuji-Mayi in the province of Kasaï Oriental.

Kananga Agency

131.Av. Shabunda, C/Kananga Ref: Building KAS

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