Burkina Faso’s Inclusive Finance Project Achieves Major Milestones

Ouagadougou: The Project to Promote Inclusive Finance for Access to Financial Services for Low-Income Populations in Burkina Faso (PPFIB) has made significant progress, financing 50,872 beneficiaries and creating or maintaining 29,601 jobs as of December 31, 2025. The project mobilized 19.15 billion CFA francs from financial service providers, according to the interim report of the PPFIB mid-term impact study presented at a validation workshop organized by the National Agency for the Promotion of Inclusive Finance (ANPFI).

According to Burkina Information Agency, the report reveals that among the jobs created or maintained, 362 were direct jobs, surpassing the initial target of 20,000 jobs. Additionally, the project provided financial literacy training to 36,611 beneficiaries and increased the proportion of adults with a bank account or an account at a microfinance institution by over 12.5 percentage points.

The PPFIB, established in March 2020 at a total cost of 44.372 billion CFA francs, aims to enhance access to suitable financial services for low-income populations through a strategy of outsourcing with financial service providers. It encompasses five components: a credit fund, a guarantee fund, a facilitation fund, institutional support, and coordination.

The project ultimately aims to finance 1,032,000 individuals, with 60% being women, create 20,000 jobs, and provide financial education to at least 500,000 beneficiaries. The mid-term evaluation highlights the project's general relevance and its focus on gender and vulnerability issues.

Sabata Ciss©, technical support officer at ANPFI, commended Eker Management Solutions for conducting the study and encouraged participants to contribute constructively to enhance the final report. Hippolite Hien, management controller at ANPFI, emphasized that the PPFIB is a government initiative to improve access to financing for low-income populations, indicating that current results show the project is on the right track.

Hien further explained that the study aims to evaluate completed actions, identify outstanding tasks, and determine the resources required to achieve the project's expected outcomes.