Village Savings and Loans Associations (VSLA)

In its Empowerment Program YELI has launched the Village Savings and Loans Associations (VSLA) program to initiate savings and loan's competences among youth (Single Mothers, Deaf People, youth Clubs)

Village Savings and Loan Associations is a type of microfinance that is managed by communities which provide communities with access to savings, credit and insurance services. Association members are self-selected and self-governed. They meet on a weekly basis to deposit their savings. After five weeks of saving, members can take credit of up to three times the value of their savings, depending on the amount of money available from the savings of all of the members. Members then repay the association within three months, with an interest rate that is set by the VSLA (typically 10% of the value of the loan). The role of YELI is to facilitate the creation of associations, train them on the methodology, and provide them ongoing support during the first nine-month cycle of savings and credit. After this period, the VSLAs become independent and have little or no need of further assistance.
Young people's participation on the development and employment prospects are essential elements in poverty reduction. Considering this, the long-term development objective of the project is to contribute to national and regional efforts for the improvement of youth economy and the promotion of youth entrepreneurship, determining young people as key actors in local development. The project aims to strengthen the capacities and the economic development of young Burundians from six communes of Bujumbura. 7488 youth organized in 312 youth groups will benefit from the project through participating in life skills, leadership and market oriented entrepreneurship trainings, and through expanding their networks and abilities to obtain funding for the development of their small enterprises. The project will improve young people's abilities to network, their employment possibilities and possibilities to sustain group activities.

The project will be implemented through the following strategies:
.Enhancing youth groups'knowledge and capacity on entrepreneurship, occupational and leadership skills and life skills;
.Improving youth groups'self-sustainability and social participation; and
.Creating a mode of operation and networking between youth groups.

The project aims to:"Support for youth leadership, cultural identity and occupational training as a tool for development .
in selected communities in Bujumbura and "Promotion of young adults'leadership, cultural identity as a tool for sustainable development in communities located in Bujumbura", which focused on the promotion of youth'leadership skills, in Bujumbura as a mean to support their Sustainable development. This project has also a component of market driven employment training. YELI will develop specific strategies in these areas.
UNFPA veut appuyer les organisations de la jeunesse pour l'élaboration d'une plateforme digitale qui va permettre aux jeunes filles et garçons de partager leurs expériences, d'apprendre,de s'informer et de se former à distance et à moindre coùt.
The PVE Youth Blast is aimed to contribute to peaceful and sustainable societies. In fact, we believe that including youths in the pursuit of peaceful and inclusive societies free of Violent Extremism must remain one of the central aims for which PVE policies are created globally. This is on account of the inextricable link between the increasing number of youths joining violent and extremist groups and the increasing threat of such terror groups.
With the support of UNFPA Burundi Country Office, Youth Empowerment and Leadership Initiative (YELI-Burundi) in partnership with WORLD PEACE INITIATIVE, COMMON GROUND CENTER and WORLD MERIT BURUNDI are organizing the DIGITAL YOUTH CONSULTATION ON PVE (Preventing Violent Extremism).
THEME:Effective Cooperation for Building CommunityResilience Against Violent Extremism The International Youth Action Against Terrorism (IYAAT)in Partnership with theAfrican Initiative for Women in Africa (AIWA Forum) and YELI Burundiwill hold the maiden International Youths Conference on Counter-Terrorism from 4th to 6th February 2016 in Nairobi, Kenya. This is planned to involve Delegates from UN member countries.
In its Empowerment Program YELI has launched the Village Savings and Loans Associations (VSLA) program to initiate savings and loan's competences among youth (Single Mothers, Deaf People, youth Clubs)
The IYCCT will bring together 200 youth Participants and leaders drawn from CVE (Countering Violent Extremism) impact countries.However,The IYCCT budget will only cover the Accommodation,meals and onsite transport (To and from the airport and during the conference) for 100 participants.The other 100 participants will be self sponsored.
After realizing a need to youth empowerment, The YELI Lead Team in partnership with a local Radio COLOMBE F.M proposed a radio program called Future Leaders Show with a mission to awaken youth to self-reliance, awareness and confidence.
The night of 8th February 2014, many Burundian families lost their loved ones and Were left empty-handed due to the floods and landslides which washed away All their belongings. YELI, recognizing a need, stepped in to assist in molding bricks and help to build some unsheltered families, victims of the flood from Buterere and enable these mostly hit families to start their life Afresh. This particular kind of support had successfully brought back hope and smile on these victims of the tragedy
At the time that Burundi which is a French speaking country, strives to succeed with its integration in the East African Community and current global village due to communication barrier. The Burundian government decided to offer a code of motivation for Burundians at large and young people in particular to improve their oral and written expression in English by introducing English classes in the school syllabus from primary school . Still, challenges related to the problems in English language which is a viable tool of communication at the market place in this global village and especially within this community, constitute a major obstacle to Burundian people in general, and especially the youth; Which in the end , still limit the youth`s potentiality at the market place.