Financial Literacy - Burundi
- The survey conducted in 2012 shows that the level of financial education for women remains low in Burundi
- The country has a financial education and inclusion strategy to address this challenge
In partnership with banks, microfinance and other stakeholders, the Government through the Bank of the Republic of Burundi (BRB) seeks to equip the population with knowledge on the themes of:
- Management of income-generating activities,
- savings in groups,
- Main reasons for saving,
- Techniques or strategies relating to savings,
- Types of income-generating activities in the surrounding environment,
- Daily savings procedures
BP 705 BUJUMBURA
Tel: (257) 22 20 40 00 / 22 22 27 44
Fax: (257) 22 22 31 28
Financial education in Burundi
In Burundi , financial education (FE), which is a non-financial service offered by Micro-Finance Institutions (MFIs ) and banks in general and other actors in the capacity building of women for financial inclusion, has a great importance in the economy of the country.
Financial education is the understanding of knowledge related to how money is earned, spent and saved, as well as the skills and ability to use financial resources to make informed and effective decisions with all available resources.
There are several studies, reports and other reference tools on financial inclusion and education on interventions led and implemented by different actors.
The results of the various documents show that the level of inclusion and financial education of women in Burundi are not satisfactory.