How Rawbank supports philanthropy and encourages entrepreneurship in the DRC

Rawbank, the leading commercial bank in the Democratic Republic of Congo, recently supported the first edition of the Excellence Master Class Dinners, organized by the company “La Prestance Services” at the Poivre noir restaurant. The event, which was held on August 25, 2023, had the theme “Philanthropy, a performance lever for the company”.

During this evening, Mrs. Rita Masengo, head of social and public actions at Rawbank, was invited to speak. With more than 15 years of experience in the banking sector, she answered questions from Madame Chouna Lomponda, president and founder of the social enterprise Success DiverStory, who hosted the interview.

From the outset, Mrs. Rita Masengo underlined that philanthropy is above all a question of love of neighbor and listening to others. She also insisted on recalling that philanthropy should not be reserved for the rich in society alone, but that everyone can devote their time, energy and talent to help others.

Rawbank, on the other hand, takes a strategic philanthropy approach to its internal employees and customers. The bank supports numerous social projects, such as the construction of schools or the installation of drinking water boreholes. This support aims to enable the poorest to become entrepreneurs who will subsequently become Rawbank customers.

Ms. Rita Masengo also pointed out that philanthropy must go beyond welfare and allow beneficiaries to regain their dignity by learning to work and building their autonomy. She underlined the importance of developing collaborative entrepreneurship, especially through cooperatives, in order to create solid and inspiring business models.

In addition to its commitment to philanthropy, Rawbank also emphasizes investment in knowledge and know-how. According to Mrs. Rita Masengo, financial education, leadership and skills building play a key role in the success of a business, regardless of its size.

The Excellence Master Class Dinners, organized by La Prestance Services, aim to provide a high-level framework for discussion, training and inspiration. They aim to equip participants with the necessary skills to meet current challenges and contribute to the development of the country.

In conclusion, Rawbank positions itself as a company committed to philanthropy and the socio-economic development of the Democratic Republic of Congo. Through concrete actions and a model of collaboration, the bank seeks to improve the lives of the most vulnerable populations while promoting entrepreneurship and economic growth

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