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Project Briefs of 2008 Projects


Advans Banque Congo (ABC) will be established as a greenfield microfinance bank to provide financial services to the low-income population of the DRC. Within 5 years, ABC is projected to have more than 20,000 active clients and a loan portfolio of about USD 26 million. ABC will mobilize resources in US Dollars and local currency through deposit-taking activities and other savings products. Within 5 years, ABC expects to have attracted around 40,000 voluntary depositors and mobilized resources of almost USD 24 million

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