GUIGAL

Context :

Systemic risk in the DRC is high due to the failure of political institutions, growing insecurity in the eastern region and vulnerability to external shocks. The economy is highly dependent on fluctuations in commodity prices, and the high level of imports makes the national currency highly dependent on US interest rates. Climatic variations also represent a threat in a country where the agricultural sector employs 70% of the workforce.

The company :

SM Guilgal SA is a Tier 3 microfinance institution that was established in 2012 by the MFI’s Chairman. It is registered as a limited company and supervised by the Banque Centrale du Congo (BCC).

Impact :

Its mission is “to provide financial and non-financial services to low-income individuals and legal entities in the DRC, in particular small traders, young people (unemployed or not) with bankable projects, and farmers (grouped or not), in order to contribute significantly and sustainably to improving their living conditions, while preserving the environment”.