Improving the financial health of my business

Marie Jeanne, 61, runs a retail business selling food and non-food products in the heart of Kinshasa in DRC. Her main customers are people living close to her shop. When Marie Jeanne had the idea of starting a business, she chose to finance herself with her own funds and small savings. Very quickly, her business developed and she found that she needed more financing to purchase her goods.

Marie Jeanne learned about Baobab through a portfolio manager who suggested that she apply for a loan at the closest branch. At first, she was quite hesitant, but when she asked other Baobab clients, she received many positive reviews. A few days later, Marie Jeanne finally decided to submit her first credit application and very quickly received her first financing. “Baobab helped me to develop my business. Thanks to this financing, I was able to add new items at the request of my customers. This had a positive impact on the financial health of my business.”

Marie Jeanne is very satisfied with the support she received from Baobab. Moreover, she regularly recommends Baobab to her friends and family. Her goal over the next five years is to open new shops in DRC’s major cities, again with the financial support of Baobab.