FPM, For the promotion of financial inclusion in RD Congo
FPM is a fund aiming at reducing poverty and improving the living standards of people in DR Congo. It supports the construction and development of an inclusive and responsible financial system by providing tailored technical assistance services to financial institutions serving micro, small and medium-sized enterprises (MSMEs) and the low-income working populations, which have a real potential of development.
FPM was authorized to operate as a non-profit organization (ASBL) under Congolese law in 2010. In 2014, its sister vehicle, FPM SA, was created to also ensure the refinancing of financial institutions in DRC. The two entities are therefore complementary: the FPM ABSL offers technical assistance to financial institutions (Banks, Microfinance Institutions and Savings (MFIs) and Credits Cooperatives (SACCOs)) providing financial services to MSMEs and FPM SA is dedicated to refinancing these same financial institutions.
FPM also supports the development of the MSME financing sector with:
Specialized market studies for financial institutions (financing of the agricultural sector, investment opportunity in the different provinces of DR Congo, etc.)
Forums for the financial sector (Forum Access to Financing DR Congo, Global Money Week, International Day of Savings, etc.)
Business training sessions for the professions in the sector to improve the quality of services financial and financial inclusion in DR Congo.