How to raise the 112 billion CFA francs needed to implement the sectoral policy letter for microfinance and the solidarity economy by 2025? This is the question that Victorine Ndeye’s collaborators are trying to answer. Even if major projects have started within the framework of Islamic finance and Italian cooperation, the Ministry of Microfinance and Social and Solidarity Economy intends to fill the gap. It is in this logic that a meeting was organized yesterday, with the technical and financial partners who are active in the sector. “We invited the technical and financial partners to discuss the action plan of the sector letter on microfinance and the solidarity economy. For some years now, the donor sub-committee has been in a state of lethargy. We want to reactivate it. We want the needs of the sectoral letter to be covered by the partners”, explained the director of Microfinance. Moussa Dieng affirmed, on the sidelines of the meeting, that there is no politicization of finances. Only, he recognizes that certain layers do not have access to his services for various reasons and that has nothing to do with a political affiliation. “There is no polisation of finances. Microfinance is aimed at people who do not have access to the traditional banking system. It plays an important role in financing the economy through the informal sector. It is clear that there are sections of the population that do not yet have access to microfinance. State intervention is needed. This is why the State sometimes intervenes directly and puts them in touch with donors,” he explained.
“This meeting takes place with a view to relaunching exchanges between the government and the partners who support the microfinance sector, and which have been very significant in the past,” declared Victorine Ndeye. Who considered that “even if the sector is proving resilient, thanks to the contribution and assistance of the State, in particular during the Covid-19 pandemic, it deserves to be noted that the direct involvement of Ptf would certainly have enabled to experience a more significant level of development in the face of the new challenges and changes that are required”. Before adding: “The current organizational and strategic challenges of our sector, which is at a crucial period in its growth, require us all to adopt a collegial approach imbued with solidarity, to adapt to a difficult and demanding context. , in order to provide adequate responses, lasting solutions, in the face of the many and significant challenges that arise”.
By Malick GAYE – [email protected]
Leave a Comment