ADA provides support to young Burkinabe in their efforts to start up their professional activities

11rADA has established a support project within selected MFIs in order to facilitate the integration of young people in Africa into professional life. Accordingly, the “Young entrepreneurs” pilot project has been launched in the RCPB (Réseau des Caisses Populaires du Burkina Faso – Network of Credit Unions in Burkina Faso), a Burkinabe MFI.
Working in collaboration with this MFI, ADA has developed a project called “Créd’art”, which is comprised of three credit products and three savings products, as well as training, which has a particular focus on financial education and entrepreneurial spirt and which is provided to the young Burkinabe before they receive the funding.
These products are made available to young people who are able to fulfil the following specific criteria:
• Aged between 18 and 35,
• Have learnt a trade or have undertaken a vocational training course,
• Require funding in order to start their project,
• Have already started their professional activity and require equipment or additional working capital.
The young people in receipt of the funding are engaged, for the most part, in trades such as hairdressing, dress making, joinery, bricklaying, jewellery making, plumbing or electrical services.

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