supervision of village savings and credit associations (AVEC) - Burundi
a fund of $380,000 for women
How to be beneficiary?
- a minimum contribution amount
- have at least 15 members and no more than 30
- be an active member of a given group
- regularly pay the required contributions
- repay on time, the credits contracted
- have an income-generating activity
However these conditions do not all apply at the same time, there may be specific cases
Groups can be promoted to the rank of cooperatives and companies or IMFS if they meet the conditions required by the law and regulations on micro-finance of 2017 of the BRB and its implementing texts .
The services offered have an ultimate goal of:
- increase access to factors of production;
- build skills;
- reduce the overload of household work;
- promote participation in decision-making bodies;
- strengthen access to social protection;
- strengthen the legal and legal framework;
- strengthen implementation coordination and monitoring and evaluation mechanisms;
- sharing knowledge and building capacity to access opportunities; and
- strengthen the legal framework for the protection and decision-making capacity of women, coordination of implementation mechanisms and monitoring and evaluation
Ministry of Human Rights, Social Affairs and Gender;
Building Ex-Finances, 1st Floor, Number 30;
BP: 2690 Bujumbura - Burundi
Phone: +257 22246924
Women's Economic Empowerment Program
According to the national evaluation report on the implementation of the Beijing+ declaration and program of action R1325 , Burundian women and girls take part in socio-economic recovery opportunities and benefit from various supports. This is possible thanks to the national program to strengthen the economic capacities of women.
A Guarantee Fund of $380,000 for women
The government of Burundi has in fact set up since 2014, two mechanisms to help the poor rural population in order to enable them to access credit: the Guarantee Fund for the rural world (FG) and Microcredit for the economically poor. assets (MCPEA). This guarantee fund, which mainly targets associative groups, also helps in setting up VSLAs.
This guarantee fund is housed and managed in micro-finance institutions - MFIs such as:
- DUKUZE MICROFINANCE,
- ITEKA MICROFINANCE,
Burundi has a ' National Women's Economic Capacity Building Program' whose objective is to align with objective 5 of the Sustainable Development Goals (DDs ) which targets gender equality and the empowerment of women. women and girls.
This program supports women in the areas of:
- organizational and logistical
- access to inputs; and
- assistance in setting up plans, budgets, proposals for monitoring the implementation and management of the women's economic empowerment process.
supervision of village savings and credit associations (AVEC)
Implementation and supervision of VSLAs
The Government of Burundi, through the Department for the Promotion and Empowerment of Women, is helping to set up village savings and credit associations (AVEC). This activity is carried out and facilitated through Family and Community Development Centers (CDFCs) in all areas and communes of the country. The CDFCS becoming, de facto, the focal points for these groups.
The partners support this project for the socio-economic empowerment of women and the management of the Ministry in charge of empowerment is in charge of monitoring, supervision and evaluation through the strengthening of the technical and financial capacities of VSLAs. .