For generations, coffee farmers in Kabazi have relied on traditional knowledge to cultivate their crops. While these practices have sustained livelihoods, they often fall short in maximizing profits and ensuring financial stability. To address this, 3E Organization has prioritized entrepreneurial development, focusing on financial literacy to empower farmers.
Recognizing the need for financial knowledge, 3E Organization, in partnership with Equity Group Foundation, has been conducting training sessions for over 300 coffee farmers from Kiremba and Ndemu Coffee farmers cooperative societies. These trainings aim to equip farmers with the essential skills to assess profitability, create budgets, and explore investment opportunities.
The team from equity group foundation had a well-tailored training for coffee farmers. The training mainly emphasized on the importance of saving even small amount and investing it in agripreneurship activities. The farmers also learned on budgeting and how to create personalized budgets based on their income and explore other investment ideas to diversify their income streams ensuring they meet their financial needs comfortably. Additionally, . Trainers highlighted the advantages of having a bank account for farm income deposits, which could facilitate access to loans for future farm improvements and income expansion.
The farmers were appreciative of the training stating that the training was an eye opener that have made them realize that they have been doing their farming activities blindly without necessarily looking into profitability. The positive feedback from farmers clearly indicated the importance of these training sessions. By gaining insights into financial planning and investment strategies, farmers are empowered to make informed decisions and optimize their earnings.
3E Organization remains committed to sustainable rural development and will continue to provide support and resources to empower farmers and improve their livelihoods.
For generations, coffee farmers in Kabazi have relied on traditional knowledge to cultivate their crops. While these practices have sustained livelihoods, they often fall short in maximizing profits and ensuring financial stability. To address this, 3E Organization has prioritized entrepreneurial development, focusing on financial literacy to empower farmers.
