Micro credit successful
The first round of investment in the micro credit scheme for small farmers in Ashanti, Ghana was very successful indeed. 115 farmers participated. They produced 63,000 additional kilo’s of rice, beans and groundnuts and are paying back the entire credit (see details).
As this micro credit scheme is working very well, the farmer collective wants to achieve three further objectives by April 2021:
1. Increase the number of participating farmers from 115 to 200.
2. Train a number of farmers in the production of rice seeds.
3. Buy a threshing machine.
The attainment of these objectives requires an additional investment of 20,000 Euros.
We kindly request our donors to contribute to reaching these goals. Donate here.