Burkina Faso: in activity

Since May 15, 2010, SEMAFO Foundation has been helping people in the Balé and Mouhoun regions in the production and marketing of sesame. For a variety of reasons, sesame prices can vary enormously. The overall objective of the grain credit “warrantage” bank is to fight against poverty and food insecurity. To support small producers in deriving maximum benefit from their work, SEMAFO Foundation, in partnership with the COOPEC Kayoro fund of Dédougou, initiated a sesame warrantage pilot project in 2015 together with the Kona Sesame Farmers’ Group. The Foundation wanted small producers to benefit from optimal marketing techniques for their production on the local market. The grain credit storehouses enabled participants to obtain credit by collateralizing their production (sesame, millet, maize, sorghum, etc.) while waiting to resell when the market is more favorable.

Following the success of the pilot project in the previous year, SEMAFO Foundation trained up members of the warrantage management committees. This was carried out under the partnership between SEMAFO Foundation and COOPEC-KAYORO in the project “Support for the extension of warrantage in the Foundation’s outreach areas”.

In short

  • Construction of a warrantage warehouses in Datomo and Kahin (2018-2019)
  • Donation of one set of scales to each warehouse in Datomo and Kahin (2018-2019)
  • Construction of a warrantage warehouse in Dora and supported the one in Kahin (2017-2018)
  • Training provided to 75 producers from Dora, Kahin and Kéra (2017-2018)
  • Credit of $10,515 (FCFA 4,490,000) granted in the Boucle du Mouhoun region (2017-2018)
  • Construction of 4 warrantage warehouses: Kéra, Lah, Wakara and Yaho (2016-2017)
  • Construction of a warrantage warehouse in Natongou (2016)
  • Construction of 2 warrantage warehouses in the villages of Kona and Yaho (2015-2016)
  • Renovation of a building for the warehouse at Kona (2015)
  • Training workshops to train management committee members in management and storage techniques of agricultural products in the villages of Lah, Wakara and Yaho. (2016-2017)
  • Donation of a Yamaha YBR 125 motorcycle with protective helmet to COOPEC-KAYORO (trainer) and 40 pallets for the storage of goods. (2017)
  • Beginning of the pilot project in the village of Kona. Twenty-two producers benefited from an advance of $2,200 (FCFA 1,075,000) on future harvest revenues for their first months of activity. (2015)
  • Renovation of a building for the warehouse at Kona (2015)

This post is also available in: French

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Zone d’intervention : Burkina Faso
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