UNCDF has been present in Burundi since 1982, supporting decentralization and poverty reduction, and strengthening local institutional capacity in public expenditure management, piloted on the basis of UNCDF’s Local Development Fund.
Today, UNCDF offers “last mile” finance models that unlock public and private resources, especially at the domestic level, to reduce poverty and support local economic development.
Through Financial Inclusion Practice, UNCDF launched and expanded MicroLead in 2008 and 2011 respectively, a global initiative that helps providers to reach rural markets with demand-driven, responsibly priced and customer-centric products offered via alternative delivery channels (such as rural agents, mobile phones, roving agents, point-of-sales devices), digital finance and informal group linkages, offered in conjunction with financial education. By facilitating access to a range of formal financial services, MicroLead empowers women economically, promotes household security and resilience including food security, and encourages better education and health for rural populations.
Through Local Development Finance Practice, UNCDF is implementing Finance for Food (F4F) initiative as component of FBSA multi-actor programme, investing in infrastructure for improving food security, and helping the government to make food security and LAFIAS a central part of national planning and budgeting. Additionally, UNCDF is implementing UNDP’s PACTE component to improve municipal capacities for delivery of local services to citizens, and to promote inter-municipal cooperation to share services and solutions that respond to local issues.