International Development Grant

Support to the Microfinance National Strategy

Project Number: CA-3-A034101001

Status: Closed

Country/Region:

Burkina Faso 100.00%

Maximum Contribution: $3,462,393.00

Start Date: March 30, 2009

End Date: September 30, 2014

Duration: 5.5 years

Project Description

This project consist in the involvement of CIDA to the financing of the common fund dedicated to the implementation of the Action Plan of the Microfinance National Strategy (PA/SNMF). A general participation in the common fund has been retained in order to facilitate the task of the fund managers in the allocation of resources to enable CIDA to play a strategic part in the political dialogue and to influence the implementing plan. Through its participation Canada is able to make a close monitoring of the PA/SNMF implementation. Canada is also present during policy development work of the Technical Unit of Execution allowing a better control in the allocation of resources to the microfinance institutions and their management structures.

Key Information

Executing Agency:
Government of Burkina Faso - Ministry of Economy and Finance

Reporting Organization:
Global Affairs Canada

Program:
WGM Africa

Last Modified:
September 19, 2025

Development Classifications

DAC Sector:

Democratic participation and civil society 20%
Financial policy and administrative management 40%
Formal sector financial intermediaries 30%
Agricultural financial services 10%

Aid Type: Basket funds/pooled funding

Collaboration: Bilateral

Finance Type: Aid grant excluding debt reorganisation

Selection Mechanism:
Pre-APP

Policy Markers
Level 1 Gender equality
Level 1 Participatory development and good governance
Major Funding (>$1M)
Budget Breakdown
2008-04-01 to 2009-03-31 $3,462,393 CAD
Geographic Information
000";Budget Type:Original;Start Date:2009-04-01;End Date:2010-03-31;Value Date:2009-03-30;Value:"$2
Reference ID: 500