UNCDF has been present in Burkina Faso since 1981, providing support to meet development objectives through several projects focusing on inclusive finance and local development.
Today, UNCDF offers catalytic finance models that unlock public and private resources in “last mile” environments, especially at the domestic level, to reduce poverty and support local economic development.
UNCDF is implementing the Programme d’Appui au financement adapté à l’Agriculture familiale (AgriFinance) to improve access to financial services specifically adapted to the needs of small producers or actors of value chain of rice, tomatoes and cowpea. By facilitating access to financial services adapted to the needs of stakeholders in the three streams, the programme is helping improve food security, self-employment of young people, and securing income in rural areas, especially for women.
The Programme to support the economic and climatic resilience of populations in Burkina Faso through financial and digital innovations was launched in November 2018. The programme aims to responding to specific challenges in the Burkinabè economy related to economic disparities between men and women and the limited access of farmers and MSMEs to financial services.
From 2010 to 2015, UNCDF piloted YouthStart in partnership with Mastercard Foundation with the objective to increase access to integrated financial services for youth aged 12-24. YouthStart has provided technical and financial assistance to 10 financial institutions in 8 Sub-Saharan countries. By the end of the Programme (2015), YouthStart tripled its targets reaching more than 635,000 youth with financial and non-financial services.