FAR has been granting microcredits since 2007 to women living in extreme poverty and exclusion from the Rimkieta neighborhood (in Ouagadougou, the capital of Burkina Faso), who do not have access to the conventional microfinance system in Burkina Faso. The objective is to favor the professional development of women and equal opportunities, providing women with the necessary help to start a small "business" (production and sale of food, purchase/sale of vegetables and condiments, sale of firewood or charcoal). , weaver, etc.), with which to generate income and which will allow her to decide for herself what to do with her life and that of her children in the event of widowing.
In addition, the fact that a woman carries out an economic activity increases the chances that she will be able to send her children to school and that they will stay longer in school.
Microcredits are granted individually to women organized in groups of a minimum of 20 women, without endorsements or guarantees. It has been shown that the fact that women group together for this type of financial aid facilitates training, monitoring and solidarity and cohesion among the women beneficiaries.
