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Providing financial literacy to small scale farmers.

The financial education will help small scale farmers how to make plans, financial plans, budgets, savings plans and investment plans.

Photo of Lawrence Makheya
7 1

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WHO BENEFITS?

The beneficiaries are the small scale farmers through TOTs.

ARE YOU IMPLEMENTING IN AN ELIGIBLE COUNTRY?

  • Yes

EXPERTISE IN SECTOR

  • I’ve worked in a sector related to my idea for over a year

EXPERIENCE IN IMPLEMENTATION COUNTRY(IES)

  • Yes, for more than one year.

TELL US MORE ABOUT YOU!

I am Lawrence Makheya working with an organization called Action for Development Program Based in Mbozi, Songwe region in Tanzania.

The idea is to educate small scale farmers how to make their plans, financial plans, budgets, investments and savings through financial literacy education so that they become aware that without this education they will keep on being poor. We want to reach to almost every small scale farmer in Tanzania. This can only be possible by training  5 TOTs from each parishes of the church for providing Financial literacy education, soil health education (agronomy), Entrepreneurship,  Post harvest education and Marketing. This will help them reduce loss of food and have better livelihood. This idea is solving the problem of access to financial resources.

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Spam
Photo of HERVE INEZA
Team

Dear Lawrence,
this is an interesting post! Do you target individual small farmers or Assistance will be given to the farmers association to help in their better planning?
 
Courage!

Spam
Photo of Lawrence Makheya
Team

Hi Ineza. The training provided to Trainers is meant for training individual smallholder farmers to become skilled in making financial plans, budgets, savings, investment, markets, agronomy and entrepreneurship for using them in their agricultural activities for higher, quality yields and encourage them to form groups or agricultural marketing cooperative associations for collective selling of their produce.

Spam
Photo of Lawrence Makheya
Team

The training provided to Trainers is meant for training individual smallholder farmers to become skilled in making financial plans, budgets, savings, investment, markets, agronomy and entrepreneurship for using them in their agricultural activities for higher, quality yields and encourage them to form groups or agricultural marketing cooperative associations for collective selling of their produce.

Spam
Photo of Lawrence Makheya
Team

Hi Dean. Thank you for your comment. Kindly see below for the reply.
TOT means training of trainers.
My preliminary ideas are
In Tanzania as it is in the entire Africa, smallholder farmers based in very remote areas face the problem of access to finance for buying inputs and meeting marketing costs for their crops. The approach of training of trainers from parishes means sending this education to the very poor especially women smallholder farmers in remote areas where in the past has not been feasible. We believe this can be achieved because parishes of churches are present even in very remote areas. The trained trainers will be four from each parish each with a different topic. The topics will be “Financial Literacy for financial planning, budgeting ,saving and investing; agronomy for good farming practices; marketing for selling their produce; and entrepreneurship for farming as a business”. The end result expected will be:
• Awareness for accessing finance will have been increased.
• Skills for budgeting, keeping records, saving and investing will have been increased.
• Knowledge of better farming practices will have been increased.
• Increased yield per acre will be assured.
• Education on collective selling of their produce and cutting individual marketing cost will have been increased.
• Entrepreneurship skills will have been increased.
Expected impact will be:
• Smallholder farmers will be able to access finance from financial institutions (formal and informal for purchasing inputs in time.
• Increased food security thus averting hunger.
• Improved livelihoods.
The approach
Planning for implementation will be done by stakeholders for this activity ( ourselves, Diocesan officials , parish representatives and congregation representatives) for agreeing how to carry it out and agreeing start time (prepare a timetable). Agree for monitoring and evaluation mechanism. Determine the implementation costs.
Preparation of a training manual(s).
Starting implementation.
Carryout monthly monitoring.
Carry out midterm evaluation with stakeholders.
This project can be replicated worldwide.

Spam
Photo of dean
Team

Lawrence 
Hello and very neat idea. Can you please explain the term TOT? 
I think this is a very intriguing idea, to incorporate the Church and Parish because it helps the community grow together and provide a more sustainable base for the farmers.
What would be your preliminary ideas if you were to win the challenge grant, or how large do you think this idea could scale?
Thank you and good luck!

Spam
Photo of OpenIDEO
Team

Hi Lawrence, interesting post! Any chance you could find an image to go along with it? Images help grab attention and tell a story with higher impact. You should be able to use the Edit Contribution button on the top of your post and follow the instructions to add images from there. Looking forward to seeing more of your inspiring insights on OpenIDEO.

Spam
Photo of OpenIDEO
Team

Also, great to have you onboard! We notice your post is currently unpublished. Was this your intention? We'd love to have it included on the challenge. If you decide you'd like it included, you can publish it by hitting the Publish Entry up there at the top of your post. Or update it first by hitting the Edit Contribution button. Looking forward to seeing more of you on conversations across this challenge...