Financial Literacy Training for Coffee Farmers in Eastern Africa
Financial Literacy (FL) is a key prerequisite for coffee farmers to manage their business efficiently and to access productive credit. Financial Literacy is therefore crucial element of any training curriculum that aims to enable farmers to increase productivity, income, profitability, and to improve livelihoods.
However, actors engaged in farmers’ training sometimes lack quality FL training tools and do not speak the ‘same language’ to farmers. Training contents and quality levels are often not sufficiently aligned nor endorsed by the sector at large, including national governments.
Pursuing an aligned and sector-wide approach to FL training in order to increase efficiency and avoid duplication and related costs, the Global Coffee Platform commissioned Café Africa to map available tools as well as actors active in FL training. Focusing on Eastern Africa, an additional objective of the study was work towards a common understanding on FL, i.e. which elements FL training should entail. The final report, including an executive summary, can be found here. Also, most of the mapped FL training material has been uploaded into the library.
If you want to receive regular updates on this process even outside this forum, please contact Lars Kahnert.
May 25, 2016 16:55