• 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 Solidarity of Savings, Credit and Services - SOLECS COPERS SA in acronym
About SOLECS COPERS Microfinance SOLECS COPERS SA was created in 2007 as a 2nd category microfinance. At the time of its creation, microfinance was governed by the Microfinance Banking Regulations of 2006 . Currently it is governed by the revised 2018 regulations of the BRB . SOLECS COOPERS is a solidarity, savings, credit and service microfinance. It aims to move from participation to empowerment. It welcomes all clients seeking financing. Including women. To this end, it has a national vocation and offers financial and non-financial services. It targets all active customers generally excluded from the traditional banking system. Its services essentially affect the city of Bujumbura, but microfinance intends to extend its activities within the country. It aims to specifically reach rice farmers in the plain and tea farmers in rural areas.
List of credits granted
Trade credit Brief product description SOLECS COPERS microfinance gives loans to people who are in the Commercial sector
Activity area All the domains

Interest rates

1.75%/month and 21% per year. The rates are the same for all products. The new BRB regulations also recommend decreasing credits
Deadlines Short terms, i.e. 1 month.

Ceiling

No ceiling because it applies the 2018 law of the BRB which sets up a wear rate but whose implementation awaits the accompanying measure not yet available on June 01, 2019.
Guarantee The guarantee depends on the type of activity, the type of credit but overall the guarantees consist of real estate mortgages, direct debit of salary, credit insurance, goodwill, joint credits, etc.
Consumer Credit Brief product description Microfinance SOLECS COPERS gives credits to people who make purchases for consumer products.
Activity area All the domains

Interest rates

1.75%/month and 21% per year. The rates are the same for all products. The new BRB regulations also recommend decreasing credits
Deadlines Short terms, ie 1 month.
Ceiling No ceiling because it applies the 2018 law of the BRB which sets up a wear rate but whose implementation awaits the accompanying measure not yet available on June 01, 2019.
Guarantee The guarantee depends on the type of activity, the type of credit but overall the guarantees consist of real estate mortgages, direct debit of salary, credit insurance, goodwill, joint credits, etc.
Equipment credit Brief product description The Microfinance SOLECS COPERS gives loans to people who make purchases of production equipment and general use.
Activity area All the domains
Interest rates 1.75%/month and 21% per year. The rates are the same for all products. The new BRB regulations also recommend decreasing credits
Deadlines Short terms, ie 1 month.
Ceiling No ceiling because it applies the 2018 law of the BRB which sets up a wear rate but whose implementation awaits the accompanying measure not yet available on June 01, 2019.
Guarantee The guarantee depends on the type of activity, the type of credit but overall the guarantees consist of real estate mortgages, direct debit of salary, credit insurance, goodwill, joint credits, etc.
Contact information

Microfinance contact details quot SOLECS COOPERSquot

SOLECS COOPERS

Rohero II, Avenue Moso,

Number 6, PO Box: 6014

Bujumbura/ Burundi
Email:solecs-coopers@yahoo.fr
Telephone: 22 27 46 76/75