Pacifique Ndagano: SMICO records a 0.6% insolvency rate among funded entrepreneurs in Kindu

Author: radiookapi.netPublished on: September 29, 2026Country: Democratic Republic of the Congo
Business & Economy
Pacifique Ndagano: SMICO records a 0.6% insolvency rate among funded entrepreneurs in Kindu

The Congolese microcredit company SMICO reports an insolvency rate of 0.6% among entrepreneurs in Kindu, Maniema province. This low rate indicates that local traders and small entrepreneurs reliably meet repayment deadlines, supported by strict monitoring and responsible borrowing. This success helps strengthen the local economy and expand access to financial services. Pacifique Ndagano, the CEO of SMICO, discusses this achievement in an interview with Florence Kiza Lunga.

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