CREDIT ACCESSING AND FAMILY FARMING: AN EVIDENCE FROM BURKINA FASO

Abstract

This research focuses on the issue of financing family farms in Burkina Faso. To this end, a survey of 275 family farms was carried out in 2020. The research results revealed that the needs of family farms are not completely satisfied. The credits granted mainly concern small amounts. Productive investments which constitute medium and long-term investments capable of inducing significant improvements in agricultural production are almost unsatisfactory. Moreover, analyzes have shown that income determines access to credit. This factor reflects at a certain level the capacity of family farmers to provide the financial guarantees required by microfinance institutions. The current conditions of banks do not favor the development of the agricultural sector and the improvement of the living conditions of the populations in rural areas. It is, therefore, necessary to rethink the financing of agricultural activities and to define a long-lasting and sustainable financing mechanism. Keywords: Credit Accessing, Family Farming, Financing, Burkina Faso.