Climate Risk Mitigation, Adaptation and Resilience Consortium (CLIMARC)’s access to finance

In the picture above, the Minister of Tourism, Hon. Rhodine Sikumba MP is encouraging the Climate Risk Mitigation, Adaptation and Resilience Consortium (CLIMARC)’s access to finance economic analyst Ms. Malone Chanda at Kachi Agriculture Micro Finance Ltd  to consider joining hands with government, by encouraging small scale farmers under their database to take advantage of financial outlays being provided by Community Development Funds (CDF) and Citizensship Economic Empowerment Commission (CEEC). He advised that combining efforts with these two entities would boost rural financial inclusion to the benefit of women and the youths, whose inclusiveness efforts with commercial institutions thus yielding positive results.

He further advised that working with these public institutions, small scale farmers and rural based community businesses would benefit from cheaper sources of funding, coupled with adaptation to good business practices that are taught by Kachi Agriculture Micro Finance Ltd such as record keeping, transparency, accountability, skills development for women and youths in business, improved saving culture and food security initiatives.

Kachi has recently been approached by a third largest Cooperative bank in Europe which has been in existance for the last 130 years, to consider providing intermediary services to small scale farmers in Zambia in support of ten (10) portifolio commodities being supported by CLIMARC in the following value chains: cattle, dairy, apiaryculture, poultry, aquaculture, piggery, cereals, maize, legumes and horticultural cultivation.

When fully implemented, these initiatives will collectively impact 340, 000 small scale farmers directly and more than 1 million people indirectly in rural Zambia.

For Kachi Agriculture Micro Finance Limited’ services and products visit our website for further information: www.kachiagrifinance.co.zm