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Job creation in Burkina Faso

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A mango drying factory opened in the village of Mollé in 2007. After one year, the factory directly employs 48 people. Indirectly, more than 1000 people benefit from its activities : mango farmers, seed suppliers, water pump fabricators, and other input producers.

 
 
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The young owner, M. TEGARA, lived many years as migrant in Europe. He hopes offering a stable job at a decent salary will reduce poverty and prevent youth immigration.

 
 
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M. TEGARA received a two million FCFA loan in 2008 from the Mollé village bank to boost working capital.
The firm transforms more than three tons of fruit, amounting to 9 million FCFA of turnover.

M. TEGARA recently diversified into manufacturing wire fences for orchards and shrubs. Through this activity, he also participates to environment protection, which is a crucial issue in a sahelian country like Burkina Faso.

 

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Boucle du Mouhoun CVECA network

 
 
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The Boucle du Mouhoun CVECA was set up by CIDR in 2002 and joined PAMIGA in 2007.
Its mission is “to promote local development of participatory microfinance”.

With 26,308 members, a loan portfolio of 992,702 Euros and a savings portfolio of 450,489 Euros at the end of 2007, the network has matured quickly and has excellent growth perspectives.

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