International Development Grant
Microfinance Services for Women
Project Number: CA-3-A020982001
Status: Closed
Country/Region:
Maximum Contribution: $4,899,012.00
Start Date: May 28, 2001
End Date: December 08, 2010
Duration: 9.5 years
Project Description
This project aims to increase the capacities of microfinance institutions in the Democratic Republic of Congo (DRC) to improve their ability to provide effective year-round services that are able to meet the needs of the DRC's female population. By doing so it also aims to increase the economic and decision-making power exercised by women. The Société de coopération pour le développement international (SOCODEVI) works with local non-governmental organizations to help develop the technical capabilities and management skills of institutions involved in microfinance.
Progress & Results Achieved
Results achieved as of the end of the project (June 2010) include: strengthened financial management capacities of two micro-credit institutions; staff of the micro-credit institutions also received specialized training in financial management. Despite the economic crisis of the past year the membership of the micro-finance institutions increased from 12 515 members in July 2009 to 16 023 members in March 2010.
Key Information
Executing Agency:
SOCODEVI - Canadian Cooperation Society for International Development
Reporting Organization:
Global Affairs Canada
Program:
WGM Africa
Last Modified:
September 19, 2025
Development Classifications
DAC Sector:
Aid Type: Donor country personnel
Collaboration: Bilateral
Finance Type: Aid grant excluding debt reorganisation
Selection Mechanism:
Pre-APP