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Organization
of local sectors

Guarantee fund on campaign credits in Burkina Faso

Fondation Avril has been working since 2016 in the issue of financing the agricultural sectors in West Africa. The lack of cash flow of African SMEs in the agri-food processing sector impacts their ability to finance their working capital needs. Due to the need to buy sufficient quantities of agricultural raw materials at harvest, Burkina Faso’s SMEs processing soybeans have particularly high for seasonal loans.

However, the existing guarantee systems focus on investments and the long term, rather than campaign credits. In this context, many SMEs underutilize their industrial capacities. The foundation is working to set up a short-term guarantee fund in Burkina Faso worth CFAF 2.5 billion (€3,8 millions).

OUR PARTNER

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OTHER PROJECTS :

AFDI Mali

Fondation Avril has been supporting AFDI since 2019 in a project to test digital agricultural services (management solutions, training, weather informations, price trends, stocks, experts advices, etc.) with 500 Malian cooperatives.

Moringa Fund

With the Moringa Fund, Fondation Avril takes part in an experimental program aimed at developing virtuous models around oil palm, cultivated in agroforestry by independent farmers.

SEED Project

Since 2017, Fondation Avril has been supporting the Seed Project, which sources and identifies new technologies adapted to agricultural transformation, especially for African family farmers.

Cuma-Bénin Aquitaine

In 2017, Fondation Avril made a commitment to the Cuma-Bénin-Aquitaine Association and the National Union of Cuma in Benin (UNCuma) to develop a mechanized soybean sector, from north to south Benin.