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TDB To Support Burundian Agribusiness SMEs Via A New Trade Finance Facility To Bancobu

TDB To Support Burundian Agribusiness SMEs Via A New Trade Finance Facility To Bancobu
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Female-led African businesses lock-in TDB finance

Female-led African businesses lock-in TDB finance Published by: Sandy Bhadare at 18/05/2021 Small and medium sized enterprises and female-led businesses in Burundi will benefit from financing of BI. Small and medium sized enterprises and female-led businesses in Burundi will benefit from financing of BIF 500 million (approximately USD 254,000) from the Trade and Development Bank. Bujumbura, Burundi-headquartered Trade and Development Bank (TDB)’s Trade and Development Fund (TDF) has committed approximately USD 254,000 over three years to support the Women’s Initiative for Self-Empowerment (WISE), established in 2007 help women to save and to encourage the provision of loans to small- and micro- enterprises. WISE’s overall aim is to increase the economic and financial self-sufficiency of more vulnerable members of society, including women.

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