Burkina Faso

Burkina Faso

Independent since 1960, Burkina Faso is a rural country susceptible to drought, and without access to the sea. In spite of its cotton production (it is the leading African producer) and various mining resources, Burkina Faso is one of the least developed countries in the world.

In October 2014, a popular uprising led to the collapse of established power. A transition government was put in place until democratic elections could be organised, which meant two years of political instability. Burkina Faso is also affected by the region’s security issues, especially in its border zones, which are frequently subject to terrorist attack and are the entry point for numerous Malians fleeing terrorism in northern Mali.

Despite these disadvantages, one of the strengths of the “Country of Honest Men” is its economic growth (5% per year).

Entrepreneurs du Monde in Burkina Faso

Entrepreneurs du Monde has been working in the country since 2009, in the area of social microfinance. In 2009, it began to coordinate a programme to improve access to microcredit and training for women in the shea butter sector, financed by the L’OCCITANE Foundation. It has supported several microfinance institutions across the country, and in January 2015 it opened YIKRI, its current microfinance programme, in order to help the most vulnerable.

Entrepreneurs du Monde has also initiated a programme for energy access, the social enterprise Nafa Naana, which aims to distribute gas stoves, improved wood and coal stoves, as well as solar lamps.