Project profile — Support to the Microfinance National Strategy



Overview 

CA-3-A034101001
$3,462,393
Government of Burkina Faso - Ministry of Economy and Finance
2009-03-30 - 2014-09-30
Closed
Global Affairs Canada
WGM Africa

Country / region 

• Burkina Faso (100.00%)

Sector 

• Government And Civil Society, General: Democratic participation and civil society (15150) (20.00%)
• Financial policy and administrative management:
Financial policy and administrative management (24010) (40.00%)
Formal sector financial intermediaries (24030) (30.00%)
• Agriculture: Agricultural financial services (31193) (10.00%)

Policy marker 

• Gender equality (significant objective)
• Environmental sustainability (cross-cutting) (not targeted)
• Participatory development and good governance (significant objective)
• Trade development (not targeted)
• Biodiversity (not targeted)
• Climate change mitigation (not targeted)
• Climate Change Adaptation (not targeted)
• Urban issues (not targeted)
• Desertification (not targeted)
• Children's issues (not targeted)
• Youth Issues (not targeted)
• Indigenous Issues (not targeted)
• Disability (not targeted)
• ICT as a tool for development (not targeted)

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.

Expected results 

N/A

Results achieved 

N/A

Budget and spending 


Original budget $0
Planned disbursement $0
Transactions
Country percentages by sector
Type of finance Aid grant excluding debt reorganisation
Collaboration type Bilateral
Type of aid Basket funds/pooled funding