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Tuesday, January 25, 2022

NGO Trained Group Of Cassava Farmers At Anura Asiebu On Financial Management

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A group of cassava Famers at Abompi in the Abura Asebu Kwaman District in the central Region have received training on financial literacy, creation of sustainable market and enhancing sustainable Income. The programme organized by VIRTIOUS POT.

A common struggle for farmers who produce food crops are the unavailability of ready market and fair pricing for their farm produce
As a result, farmers are forced to sell their produce at lower-than-expected prices which drastically affects their profit margins thereby affecting source of livelihood.

The programme sort to train the farmers who are into cassava production and Gari processing on financial literacy.

The president of VIRTIOUS POT Mrs Gloria Oboubisah called on the famers to cultivate the habit of saving from the little amount they earn.

She stated that, the aim of the organization is to support the SDG Goal 1 which says Ending poverty in all form by 2030.

“We are here to train you to know how to manage your finances, how to add value to your end product and most importantly, create market linkages between the local cassava farmers/Gari processors and prospective buyers to ensure a regular buyer and fair pricing for their produce “Mrs Oboubisah stated.

Mr Albert Turkson a facilitator for the programme commends the group for coming together to form an association.

“As an Association you need to attend your meetings and take minutes, pay your dues and take proper record of your expenditures” he told them  

He took them through how to calculate labour cost and pricing of their end product (Gari) so that they will not run into lost.

He said Famers who want to succeed need to develop a farm business plan that outlines, in detail the various cost components and require a thorough analysis of their operation which may require financial and marketing management skills.

He promised that, the Virtuous Pot organization will liaise between the farmers and Agric Extension officers in the area to assist them on how to plant their cassava  

Virtuous Pot goal is to increase the income levels of the farmers and enhance sustainable source of livelihood for the vulnerable farmers” he added

After the programme some of the farmers who were participants share their joy and some said, we have learned a lot, especially on financial literacy, I learned how to manage my money well. I used to be an impulsive buyer whenever I’d receive payment from our farm produce. But now, I know how much money comes in and goes out,”

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