Fonds de garantie de l'entrepreneuriat (FOGEC) has strengthened its partnership with Bisou Bisou microfinance institution through a $1 million guarantee to expand access to credit for women and young entrepreneurs.

According to a FOGEC statement published on April 24, 2026, the funds come from a private donation raised to support youth and women entrepreneurs. The amount has been placed in a fixed-term account with Bisou Bisou to serve as collateral for new loans.

Two financial products

Two financial products are covered under the arrangement. The first, called "Elubu ya mamans," targets women working in the informal catering sector, particularly those running small roadside eateries commonly known as "mamans malewa." It provides credit tailored to their business needs.

The second product, "Bilenge ya motuya," is aimed at young entrepreneurs aged 18 to 35, as well as micro, small and medium-sized enterprises. It provides financing to help them stabilize or grow their businesses.

For FOGEC and Bisou Bisou, the arrangement is meant to address the financing needs of small entrepreneurs, who are often excluded from conventional credit markets due to insufficient collateral.

The initiative follows a first phase launched several months earlier in support of rural women, particularly those organized within the Réseau national des femmes rurales (RENAFER). A $2 million guarantee was announced at the time, with individual loans of up to $5,000.

Ronsard Luabeya