YIKRI is a social microfinance institution in Burkina Faso. It offers the vulnerable population adapted services: savings, microloans without deposit or guarantee, training and health microinsurance.
Access to education, employment, banking and social services, water and electricity is very difficult in rural areas and on the outskirts of Ouagadougou, where the population is growing exponentially, due to the rural exodus and the flight from Jihadism, in the north and east of the country.
Young people and women are the first to suffer from extreme precariousness. For them, entrepreneurship is a vital necessity. So overnight, they start an income-generating activity. But to develop and maintain it, they need support.
In 2015, to serve these entrepreneurs in situations of exclusion and/or extreme poverty, who have very little access to traditional microfinance services, Entrepreneurs du Monde created YIKRI, a social microfinance institution. With adapted services (training, advice, follow-up, savings, microcredit, social support, health micro insurance), the team supports micro entrepreneurs until success and the sustainable improvement of their living conditions.
Within groups, entrepreneurs have access to a savings account, to loans granted without guarantee or guarantee and to economic (accounting, sales, inventory management, etc.) or technical (agro-ecology) or social training (prevention of diseases, domestic violence, civil rights, etc.) or even social training (prevention of diseases, domestic violence, etc.).
Entrepreneurs can also meet with a social worker who, if necessary, refers them to resource partners. Finally, since 2019, they have been able to join a social health mutual adapted to their needs and their budget.
YIKRI is now a social microfinance institution under local law, very social while being 77% viable at the end of 2021. She is supported by Entrepreneurs du Monde and also works with other partners:
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