Ashoka 2024'ten beri   |   Democratic Republic of the Congo

Héritier KITUMAINI MUTABAZI

RAVEC
Three-quarters of citizens in the DRC lack access to bank accounts and microfinance services. Beginning with community savings groups in 2014, Héritier has created an innovative incentive system for…
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This description of Héritier KITUMAINI MUTABAZI's work was prepared when Héritier KITUMAINI MUTABAZI was elected to the Ashoka Fellowship in 2024.

Introduction

Three-quarters of citizens in the DRC lack access to bank accounts and microfinance services. Beginning with community savings groups in 2014, Héritier has created an innovative incentive system for ground banking agents that helps in expandingDevamını oku

The New Idea

Héritier has created a system that transforms and accelerates the upward mobility and financial inclusion of the unbanked population in the Democratic Republic of Congo (DRC) living in deep poverty without economic opportunities to meet basicDevamını oku

The Problem

In the DRC, 74% of the population, roughly 80 million people, are unbanked. According to the World Bank, only 26% of the adult population in the DRC have accounts with financial institutions, with 14% having accounts with banks and 12% withDevamını oku

The Strategy

To reduce the number of unbanked people by a third within the next five years, Héritier implements a strategic approach involving federating, structuring, professionalizing, and formalizing local village savings and credit groups throughDevamını oku

The Person

Héritier was born into extreme poverty in Birava village near Bukavu City and faced significant challenges from a young age. As the fifth of nine children, his family was forced to flee their village due to war when he was just 13 years old.Devamını oku

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