MAP Democratic Republic of the Congo


The findings of MAP DRC’s 2016 reports show that the majority of Congolese are financially stressed. 71% of FinScope respondents reported the necessity to “often” or “sometimes” go without food or medical treatment, or have to take children out of school. In rural areas, that figure rose to 79%. More than 45% reported not having enough income, while approximately 30% reported irregular or unreliable income as problematic.

The DRC may be one of the most challenging environments for financial services. From both a provider and consumer perspective, infrastructure, a rapidly changing financial services landscape and regional disparities pose significant challenges to the market.

In 2014, the DRC Ministry of Finance formally requested UNCDF’s support for its ongoing financial inclusion agenda. It was agreed that MAP DRC should form the basis for the development of a multi-stakeholder roadmap for financial inclusion, which in turn would be leveraged as a vehicle towards an integrated financial inclusion strategy in DRC.

MAP DRC was funded by FinMark Trust and UNCDF in partnership with the United Nations Development Programme (UNDP) and the Belgium Cooperation. It was rolled out under the guidance of the MAP coordinating committee, chaired by the DRC Ministry of Finance, and including representatives from the Ministry of Finance, the Central Bank, the National Statistics Agency, selected FSPs, industry associations, development agencies and donors.

 

Download the diagnostic report

Download in English Size 4mb
Download in French Size 4mb

 

 Download the roadmap

Download in English Size 2mb
Download in French Size 2mb

 

Download the stakeholder presentation

Download in English Size 1mb
Download in French Size 2mb
Related Content
Micropensions and the future of work
While dubbed the new economy, it really is the only economy in the emerging world. The limits of large-scale formal employment, part [...]
MAP DRC diagnostic and roadmap to financial inclusion
The Democratic Republic of the Congo (DRC) may be one of the most challenging environments for financial services. From both a provider and c [...]
Why a plastic bottle trumps a bank account
Patience, a restaurant owner in Goma in the eastern DRC, has a dream of owning her own land. She saves a modest 2000 Congolese Francs (just less than [...]
"I’ve got your back"
The role of mutualitées in the DRC The people of the DRC have come up with an innovative and complex solution that is very well-s [...]
Cross-border remittances
The World Bank estimated that in 2016 remittances from migrant workers to developing countries will be worth USD 440 billion. More than twice that of [...]
Role of inclusive insurance markets in economic growth and poverty reduction
There is much dialogue on the way insurance markets can contribute to poverty reduction by helping low-income individuals to preserve assets and mitig [...]