The Development Solidarity Fund (FONSDEV) is a model of mobilization of financial resources by farmers and peasants developed by Inades Training.

Small farmers who form the great majority of the population in developing countries (70% on average) do not have access to traditional banks that require a lot of paperwork and numerous guarantees the necessary financial resources to support and diversify development projects. Very few modern structures give them the necessary funds to buy the means of production. Therefore, he had to help put in place, durable instruments of self-financing of rural development as the FONSDEV

The Development Solidarity Fund (FONSDEV) is a social institution, established by natural and legal persons of a community, mobilizing endogenous financial resources in the form of members’ savings and redistribute the form of micro credits for development activities and other social needs of this community.

The FONDEV is the passage of a rich bank to a bank for the poor; luxurious buildings of major cities in village squares; from a purely economic reasoning to a social reasoning.

As the name suggests, the FONSDEV instrument of financial solidarity, emphasizes solidarity between farmers with the aim of reaching the poorest and the autonomy and responsibility of its members.

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Fonsdev bouro

After a long process that began in 2010 with the feasibility study carried out by Inades-Formation / Burkina, the people of the Bouro area launched their solidarity and development fund (Fonsdev) on 27 April 2013.

The launch ceremony recorded a donation from the sponsor, Mr Adama Kindo, in the amount of 300,000 FCFA. In turn, the guests, staff of Inades-Formation, the inhabitants of the zone have let their heart speak by subscribing for an amount of 400 000 FCFA. The launch of the Fonsdev de Bouro is the sixth of the kind that Inades-Formation / Burkina has accompanied the farmers to set up. It intervenes after those of the fonsdev of Passakongo, Soukuy, Firguindi, Toroba, Koumana started from 2003. The fonsdev constitute an alternative to the difficulties of access to the financing of the rural world.

We wish good wind at the Fonsdev de Bouro

Inades-Formation Burkina Faso