Financing agricultural production fr 20000 farmers

by Cosma Sustainable Rural Development
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Financing agricultural production fr 20000 farmers
Financing agricultural production fr 20000 farmers
Financing agricultural production fr 20000 farmers
Financing agricultural production fr 20000 farmers
Financing agricultural production fr 20000 farmers
Financing agricultural production fr 20000 farmers
Financing agricultural production fr 20000 farmers
Financing agricultural production fr 20000 farmers
Financing agricultural production fr 20000 farmers
Financing agricultural production fr 20000 farmers
Financing agricultural production fr 20000 farmers
Financing agricultural production fr 20000 farmers
Financing agricultural production fr 20000 farmers
Financing agricultural production fr 20000 farmers
Financing agricultural production fr 20000 farmers

Summary

Cosma is a social enterprise aimed at fostering economic development of farming house holds in Uganda. We organize farmers into village cooperatives through which over~80% of our budget provides revolving credit, farm inputs and other post harvest services to smallholder farmers. This helps farmers achieve higher production amidst climate change while enabling smallholder farmers earn high sale price from their grain and coffee produce in Uganda.

$100,000
total goal
$39,575
remaining
71
donors
1
monthly donor
1
fundraiser
4
years

Challenge

The rural areas surrounding Kampala are primarily agricultural; with about 70% of residents engaged in subsistence farming to meet their needs. The effects of climate change on COVID-19 on coffee production and supply chains has dramatically affected rural farmers. These farmers do not have access to grain insurance, stable grain sales pipelines and capital for improvements in irrigation and are at risk of over-spending valuable time and energy without being able to support their families

Solution

Establishing village cooperatives with stable incomes is critical to revitalizing the economy in these rural areas. The effects of COVID have drained hard earned capital from cooperatives and the individuals that rely on them. Providing the supplies and support these businesses need is key to their ability to achieve independence and ensure food security for the people who rely on them.

Long-Term Impact

Cosma's goal is to create economic independence. To achieve this, a sustainable approach is necessary. Cosma teaches all the financial and agricultural skills to grow a small business, and provides the financial support necessary to do so. Your contributions help support over 100 villages cooperatives, providing the stimulus they need to improve their standard of living.

Additional Documentation

This project has provided additional documentation in a PDF file (projdoc.pdf).

Resources

Organization Information

Cosma Sustainable Rural Development

Location: Sembabule, Central region - Uganda
Website:
Facebook: Facebook Page
Project Leader:
George Mugenyi
Sembabule , Central region Uganda
$60,425 raised of $100,000 goal
 
135 donations
$39,575 to go
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