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Online Reporter
Farmers must acquire financial literacy skills to successfully set financial goals, plan and manage their wealth.
This came out during a financial literacy seminar held by the Adam Molai Foundation and GetBucks Microfinance Bank Limited for the Dorowera community in Mutoko, Mashonaland East province.
Mrs Nomagugu Nyaundi, the foundation’s executive director, said the seminar’s goal was to enhance and promote regenerative agriculture.
“Agriculture is the primary source of income for many rural residents, but their limited financial knowledge hinders their ability to earn more.
“By providing this training, people are better informed about managing their finances.
“This initiative holds immense potential to uplift this agricultural community, promote entrepreneurship and spur development in Dorowera,” she said.
GetBucks regional manager Mr Tirivanhu Blessing Gombiro said this initiative will uplift the agricultural community, promote entrepreneurship and drive development.
“Our aim is that this training will help create opportunities for capital investment, enabling farmers to expand and modernise their agricultural practices or individuals to start running their enterprises as businesses.
“Through our partnership with the Adam Molai Foundation, the community will have access to microfinance products and services tailored to their specific needs,” Mr Gombiro said.
The seminar saw 44 farmers receive knowledge on a wide range of topics that are vital for the community’s financial well-being.
Online Reporter