Credit and Financial Services: Project to Support Agricultural and Rural Financial Inclusion in Burundi (PAIFAR-B)

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Project to Support Agricultural and Rural Financial Inclusion in Burundi

In Burundi, rural populations have extremely limited access to financial services. To start any kind of business, they often have no choice but to borrow from traders and “loan sharks” who can charge excessive interest rates – as high as 1,000 per cent.

The Project to Support Agricultural and Rural Financial Inclusion in Burundi (PAIFAR-B) will enhance the availability of financial services in rural areas where demand currently far outstrips supply. It is expected to benefit 99,200 smallholder farm households in 18 provinces. It will start its activities in the 13 provinces where IFAD is already supporting 4 ongoing projects, and then extend its operations to the remaining 5 provinces at a later stage.

Rural people are those most affected by financial exclusion, especially women and young people between ages 18 and 30. By bridging the gap between the demand for and the supply of financial and non-financial services, PAIFAR-B will enhance financial inclusion among both the agricultural and non-agricultural rural population – in particular, the most vulnerable smallholder producers and their organizations as well as microentrepreneurs. It will involve the Burundi Central Bank, the private banking sector and microfinance entities, with the goal of substantially reducing rural poverty in Burundi.

Estado: En curso
Fecha de aprobación
02 septiembre 2017
2017 - 2024
Servicios de crédito y financieros
Costo total del proyecto
USD 38,61 millones
Financiación del FIDA
USD 24,93 millones
Cofinanciadores (Nacional)
National Government USD 2,6 millones
Other Local USD 8,95 millones
Beneficiaries USD 2,13 millones
Condiciones de financiación
Donación con arreglo al marco de sostenibilidad de la deuda
N.º del proyecto
Contacto del proyecto
Joseph Rostand Olinga Biwole

Informes del Presidente

Informes sobre el diseño de los proyectos

Informes sobre el diseño de los proyectos

Evaluación del impacto ambiental y social

Auditoría y Estados Financieros

Informe del examen interino (mitad de período)

Marco de acción para el reasentamiento

Resúmenes de informes

Estudios específicos

Proyectos enumerados

Informe de finalización del proyecto

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