Government of Burkina Faso - Ministry of Economy and Finance

Published purpose

This project consist in the involvement of CIDA to the financing of the common fund dedicated to the implementation of the Action Plan of the Microfinance National Strategy (PA/SNMF). A general participation in the common fund has been retained in order to facilitate the task of the fund managers in the allocation of resources, to enable CIDA to play a strategic part in the political dialogue and to influence the implementing plan. Through its participation, Canada is able to make a close monitoring of the PA/SNMF implementation. Canada is also present during policy development work of the Technical Unit of Execution, allowing a better control in the allocation of resources to the microfinance institutions and their management structures.