• Burundi
  • Resources
  • Access to Finance
  • Access to Capital
  • Access to Capital

The Government of the Republic of Burundi, through the Ministry of Human Rights, Social Affairs and Gender, has a National Gender Policy of Burundi, 2012-2025. Among the eight challenges identified that affect the social, legal and economic situation of women and that limit the promotion of equity is the challenge of equal access and accessibility to resources and economic opportunities by women.

With this policy, women currently have access to factors of production, basic infrastructure, support services and financial resources as indicated in the National Gender Policy of Burundi, 2012-2025, especially in its results framework. . Some women's organizations and associations have been created precisely to facilitate women to have capital to start their business or increase their business. Other financial institutions have created specific products for women entrepreneurs.

angle-left The Microfinance Women's Initiative for Self Empowerment (WISE)

About the Institution

b) The Microfinance Women's Initiative for Self Empowerment (WISE) was created in January 2007 by members of the Association of Women Entrepreneurs of Burundi (AFAB in acronym). The Institution Women's Initiative for Self Empowerment (WISE) offers financial and non-financial services to all in general and in particular to active women and households excluded from the traditional banking system at the national level and in the sub-region.

List of products supplied by the Institution

1. AFAB Women

Brief product description

The “AFAB Women” Product is intended solely for female members of AFAB.

Interest rate

12% per year

Guarantee

Relative to the requested amount

2. “Automatic Credit” product

Brief product description

The “Automatic Credit” Product is intended for women small traders who sell tomatoes, vegetables, fruits and others. This credit is characterized by its speed and less administrative burden

Activity area

Commercial activities ;

Loan interest rate

2%

Repayment deadlines

Vary between one day and one month

Guaranteed or not

Does not require Classic Guaranteed

3. “Three Women Credit” product

Brief product description

The “Three Women Credit” Product is intended for women with no guarantee, it is a group loan of three women.

Activity area

Commercial

Loan interest rate

2% to 13% depending on the duration of the loan

Repayment deadlines

6 to 24 months

Guaranteed or not

Solidarity deposit and other types of guarantee are accepted

Ceiling amount

15,000,000 Bif

Contact information

Microfinance contact details

WISE

WISE its MICROFINANCE (Women's Initiative for Self Empowerment),

Rohero I,

Avenue of September 18,

BP: 1610.

Email: wise.imf@gmail.com