Microloan Accessibility and Its Impact on Food Security and Economic Independence Among Rural Women Farmers in Burkina Faso: An Action Research Study

Microloans have been recognised as a critical tool for enhancing economic independence among rural populations in developing countries. An action research approach was employed, involving qualitative interviews with 50 randomly selected rural women farmers who have received microloans over the past two years. Data collection also included participant observations and document reviews of loan records and community development projects. Microloan recipients reported a significant increase in their crop yields by 20% compared to non-recipients, attributed to improved access to quality seeds, fertilizers, and irrigation systems. They also noted an average income growth of 45% over the same period. The findings suggest that microloans play a pivotal role in boosting food security and economic resilience among rural women farmers in Burkina Faso. Policy makers should prioritise expanding access to microfinance programmes for women, particularly focusing on agricultural sectors. Additionally, support for capacity building workshops targeting financial literacy and business management skills is recommended. Microloans, Rural Women Farmers, Food Security, Economic Independence, Burkina Faso