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Rural Finance for Agriculture and Microfinance Enterprises Activities in Democratic Republic of the Congo.

Empower women, improve their socioeconomic status, create employment, and reduce rural poverty

Photo of Louison Mbombo
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Explain your project idea (2,000 characters)

Our Project aims to provide microenterprise and farmers development training and support systems to help women’s Entrepreneurs in rural microenterprises and agricultural activities .
Through enterprise development and micro financing that will create jobs and generate incomes. We want to support existing and new women’s associations and to improve the performance of smallholder farming systems .We want to empower microenterprises activities and rural by agriculture building skills in women organizations to inscrease the access to microfinance enterprises

Who are the beneficiaries? (1,000 characters)

the beneficiairies of this project are smallholders farmers and women organizations, business and trade organizations led by women, community-based organizations in Gungu , Democratic Republic of the Congo

How is your idea unique? (1,000 characters)

The chronic underfunding of this sector keeps nearly 80% of the Congolese population in absolute poverty and severe hunger. Children, young people and women are the first victims. Despite the success of some programs, studies, reports and testimonials actors in the field indicate that activities in the agriculture and rural sector are not adequately funded .The goal of the project is to increase access to viable and sustainable microfinance services for a majority of poor and low-income households and micro-credit households.We want to contribute to financial inclusion in Gungu through the following actions :
- Improving the legal and regulatory and institutional framework for a harmonious and secure development of the microfinance sector, Capacity building and financial infrastructure development, including the structuring of the profession to support the sustainability of financial services accessible to the greatest number particularly for women and in rural areas.

Idea Proposal Stage (choose one)

  • Early Adoption: I have completed a pilot and analyzed the impact of that pilot on the intended users of the idea. I have begun to expand the pilot for early adoption.

Tell us more about your organization/company (1 sentence and website URL)

Adressing Human Development and Investing to vulnerable Women and Children usefull to create more healthy ,sustainable and productive communities around the World.Please visit our website : www.solidariedadenamokili.org

Expertise in sector

  • 3-5 years

Organization Filing Status

  • Yes, we are a registered non-profit.

In 3-4 sentences, tell us the inspiration or story that encouraged you to start this project.

We invest , empower and protect women and children ’s future, invest in communities s skills to control their own future.
Our goal is to support women and educate children in achieving self-reliance, because then and only then, can they achieve prosperity on their own terms.We do this by :
-Promoting Entrepreneurship for Women :
Micro-finance to launch businesses
Sustainable incomes for their families.

Please explain how your selected topic areas are influenced, in the local context of your project (1,000 characters).

The project Increased employment opportunities, market access and incomes for poor and marginalised groups, particularly women to improve their socioeconomic status, create employment, and reduce rural poverty useful to create a peaceful world and to accelerate the Global economy prosperity , we believe that if women earn a competitive income , 90 % will be
spend to healthcare , household , education .The project brings peace , prosperity and peacefull world .The project is a key for the achievement of many sustainable development Goals.

Who will work alongside your organization in the project idea? (1,000 characters)

We work with smallholders farmers and women organizations, business and trade organizations led by women, community-based organizations ,Women Microentrepreneurs in Gungu , Democratic Republic of the Congo.At least 1500 new businesses [500 per year over 3 years] are launched, creating at least 30000 jobs

Please share some of the top strengths identified in the community which your project will serve (500 characters)

With our management training , Women develop business planning and management skills New women-owned businesses are created Support network provides women entrepreneurs access to peer mentorship , the unique obstacle is the lack in accessing funding to be realist with ideas and project , they are ready to work and with strong capacity to grow up in business

Geographic Focus

we are working with 53 iin organizations Gungu, DR.Congo

How many months are required for the project idea? (500 characters)

Our Goals is to create at least 1500 new businesses 500 per year creating at least 30000 jobs in 36 month

Did you submit this idea to our 2017 BridgeBuilder Challenge? (Y/N)

  • No

If Yes, how has project idea changed, grown, or evolved since last year? (2,000 characters)

SOLIDARIEDADE NA MOKILI has set up since the beginning of February 2017 a program of Entrepreneusship Project for Rural Finance for Agriculture and Microfinance Enterprises Activities in Democratic Republic of the Congo. This program is part of an associative project allowing vulnerable women to highlight initiatives of the creation of activities generating sustainable income that gives them hope, by restoring a certain level of normalcy in their daily lives and by improving their future prospects for themselves and their families. With objectives to : -Empower women, improve their socioeconomic status, create employment, and reduce rural poverty -Develop a sustainable rural microfinance system that is more responsive to the needs of the rural poor, specifically women - Improve the quality of life and create alternative means of income for the rural population in Democratic Republic of Congo which will improve the quality of life for the inhabitants. - Fighting against poverty and stimulating the income generating activitites.Women benefit from training in project planning and management to ensure the success of their small business. Each woman is awarded an annual micro-credit . Women use these credits and start businesses in various sectors

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Photo of Ashley Tillman
Team

Hi Louison Mbombo great to have you in the Challenge! I am curious to learn more about your programs to date, what's been successful? What have you learned and hope to change in your model as you grow and expand? What are you dreams for larger scale change would look like ig your work is successful in the next few years?

I am also curious if Jean-Marc Mercy you have any questions?

Photo of Jean-Marc Mercy
Team

Absolutely Ashley Tillman I have a few questions for you, Louison Mbombo :

1. I understand you have already tested your idea. Can you please tell us more about your pilot? How long did it take to implement? How many beneficiaries were impacted? What are your lessons learned?

2. You also mentioned that you would like to improve the performance of smallholder farming systems. Are you partnering with any organization to achieve this goal? Can you please tell us more about your expertise in this field of work?

3. What is the content of your training curriculum to empower women in the DRC?

We'll be rooting for you! Again, it's great to have you in the challenge! We look forward to hearing from you!

Photo of Louison Mbombo
Team

Thanks you Dear Ashley Tillman  for your attention ! Our programs are part of an associative project allowing vulnerable women to highlight initiatives of the creation of activities generating sustainable income that gives them hope, by restoring a certain level of normalcy in their daily lives and by improving their future prospects for themselves and their families. Women benefit from training in project planning and management to ensure the success of their small business. Each woman is awarded an annual grant.I have learn that we need innovative strategies based on the principles of the sustainable Entrepreneurship to secure the sustainability of our project because we are working with vulnerable women ,most of them don't have any guarranty to continuation of these project after gaining the annual grant and also I want to expand this project to others provinces of Democratic Republic of the Congo and Africa . I'm dreaming to develop and to improve a harmonious and secure development of the microfinance sector including the structuring to support the sustainability of financial services accessible to the greatest number

Photo of Louison Mbombo
Team

Dear Jean-Marc Mercy  ,
Thank you very much for your attention !
Since the beginning of February 2017 we began to implement the idea ,
Solidariedade na Mokili invited individuals and small groups of women's associations to participate in training courses on microenterprise development and business management. We have worked with community leaders and associations to select at least 500 participants, based on the feasibility of their business ideas and their ability to implement them .During 30 days of training, participants learned about entrepreneurship,​ ​business finance, management skills, and microfinance. As a mentionned that I would like to improve the performance of smallholder farming system because we are focus only to work with rural people because most of them have as profession in the agriculture sector , Africa’s population is expected to double from 1.26 billion today to over two and half billion by 2050. At the same time, land degradation, loss of biodiversity and the effects of climate change pose increasing challenges to the continent’s agriculture sector, particularly smallholder farmers . In order to tackle these challenges and to provide pratical solutions by adopting more sustainable farming practices , we want to create platform for farmers , a part of the solution focused on innovation technology for the sustainable provision for policy dialogue and capacity building in the major multi-lateral funding organisations and key stakeholders .We are partnering with Ibbyl Congo Paradise INC , B&L GLobal corporation and currently we are in negociations with American Government and Private financial institutions to linked small farmers with possible funders.
Our training curriculum to empower women in DRC is to develop business plan , description of the business; studies of the product or service , market study and feasibility analysis and also implementation strategy (e.g., marketing strategy, budget figures, and dates); a financial plan, including profit and loss, balance sheet, analysis of business ratios, and cash flow forecasts.

Photo of Jean-Marc Mercy
Team

@Louison Mbombo: thanks for your feedback. You might need to share a story from someone who was a beneficiary of your project to show the potential your idea could have in a larger community.

Photo of Louison Mbombo
Team

Jean-Marc Mercy  Thanks for your feedback! I will do it .Please Let me know when I will need to share this story !

Photo of Jean-Marc Mercy
Team

Anytime, Louison Mbombo  :-)