Burkina Faso: in activity
“On my first production and marketing cycle, I was able to earn a profit of 2,500 FCFA ($ 5). I used the money to buy clothes for my children and also to buy condiments for family meals.”
SEMAFO Foundation wanted to support women involved in income generating activities through training and the establishment of village banks in 2012. In cooperation with the Credit Union of Burkina Faso and Développement International Desjardins (DID), loans were granted exclusively to women for their income generating activities.
- 2, 576 people impacted (2017-2018)
- $86,124 (FCFA 36,775,000) of credit granted since 2012-2013
- Number of village banks (CVs): 30 (2017-2018)
- As at June 30, 2017, the appropriation was $253,405 (115,056,000 FCFA)
- As at June 30, 2016, the appropriation was $178,758 (80,146,000 FCFA)
- 20 villages were trained in microcredit
- The training is carried out using role-playing games to ensure a realistic understanding (Theater)
- The regular meetings are also an opportunity to address different health-related issues. In order to be productive, they must, above all, be healthy.
- The duration of the majority of loans varies between 4 and 8 months.
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