We hope to bring to areas that are amongst the poorest and least served, our experience of strengthening communities living in other high mountain regions with similar economic and ecological environments. As in those other regions, we see this as a long-term initiative whose success will be determined by the commitment of the beneficiary population and the continued collaboration of the government.

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President Blaise Compaoré of Burkina Faso and His Highness the Aga Khan, Imam (spiritual leader) of the Ismaili Muslims and Chairman of the Aga Khan Development Network (AKDN), today launched the First Microfinance Agency (Premiere Agence de Microfinance (PAMF) in Ouagadougou.

Microfinance can be a formidable tool for poverty alleviation. It can be adapted to the needs and circumstances in a variety of contexts. Our experience over the last two decades suggests that trusting in good character, good ideas and a willingness to work hard is a sound investment.

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