Launching an Agribusiness to Increase Household Incomes
Household farming is a prevalent practice in Rwanda that can help feed families, but does not tap into the larger agricultural market to generate income. Forty-two members of a savings group in...
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Household farming is a prevalent practice in Rwanda that can help feed families, but does not tap into the larger agricultural market to generate income. Forty-two members of a savings group in Ruhuha, Rwanda, are pooling their resources to establish a one-hectare chili pepper business farm using high-yield seeds, organic manure, and irrigation. In addition to your investment of $4,300, the group will co-invest $1,500 of their own resources to rent and prepare the farmland and purchase seeds, tools, and other farming implements. Additionally, the funding will support training on harvest and post-harvest practices. Income from chili pepper sales will increase household incomes and pay for children’s education and healthcare.