By Alex Bwaluka | Executive Director
1. Introduction
In August 2024, the Charity Centre for Children and Youth Development conducted a financial literacy training program targeting 100 small-scale farmers and micro-entrepreneurs in Kasempa and Manyinga Districts. The initiative aimed to equip 80 women and 20 men with essential financial management skills to support their agricultural and entrepreneurial activities.
2. Objectives
The program was designed to:
3. Training Activities
The sessions covered:
Interactive group discussions and practical exercises were used to reinforce the lessons, ensuring participants gained hands-on experience in financial management.
4. Outcomes
At the conclusion of the training, participants were able to:
5. Challenges
The program faced several challenges:
To address these challenges, additional support and follow-up training sessions will be conducted, with a focus on enhancing participants' literacy skills and connecting them to nearby financial services.
6. Request for Financial Empowerment
Throughout the training, many participants expressed a desire for further financial support to help them expand their businesses and improve their livelihoods. The participants have requested access to small grants or low-interest loans to enable them to:
This request underscores the need for continued financial empowerment initiatives to complement the financial literacy training, ensuring participants can fully implement the skills they have acquired. The Charity Centre for Children and Youth Development is committed to exploring partnerships with financial institutions, microfinance providers, and donors to meet this demand and provide tailored financial products to these farmers and entrepreneurs.
7. Conclusion
The financial literacy training for small-scale farmers and micro-entrepreneurs in Kasempa and Manyinga has successfully built a foundation for improved financial management. However, for the training to have a long-lasting impact, financial empowerment through access to small grants or loans is essential. The Charity Centre for Children and Youth Development will continue to advocate for financial support to help these participants achieve sustainable growth and economic resilience.
By Alex Bwaluka | Executive Director
By Alex Bwaluka | Executive Director
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