Our Work in Burkina Faso
Today in Burkina Faso, Freedom from Hunger works with a credit union network
called Réseau du Caisses Populaires du Burkina (RCPB). Freedom
from Hunger and the RCPB launched Credit with Education in 1993. In just ten
years, Credit with Education now serves nearly 60,000 women in Burkina Faso,
most of whom live in very remote and impoverished areas of the country. The
rapid expansion of the program is attributed to the wide acceptance of the
Burkinabé as well as to the hard work and dedication of RCPB.
Credit with Education has produced significant results socially as well as
financially. With an average loan size of only $68, the RCPB has lent to date
$23 million, concurrently achieving an amazing 99% loan repayment rate. The interest repaid on those loans completely supports RCPB's operational costs, which means that the program has achieved sustainability. Not only have Burkinabé
women, most of whom cannot read or write, gained access to financial resources
that support them and their local business endeavors, they also receive important
weekly educational sessions on nutrition, family planning and business management.
Freedom from Hunger provides ongoing technical assistance to the RCPB in the
form of program management, expansion, and new product development. RCPB currently
reaches six different regions of Burkina Faso.
The RCPB is also a key partner in our West African Malaria Initiative. In
fact, it was the staff of the RCPB who first requested a special education
module on malaria. To learn more about the Malaria Initiative and see pictures
of how it is being implemented in Burkina, click
here.