IFC and ECOM have employed women trainers and sought out volunteers to engage leaders from unions and farmers’ associations. The training schedules accommodate the needs of students and IFC is also providing a simple financial management tool to help these women manage household income and farm expenditures.
“The training has not only taught me about good farming practices, but also about financial management,” said Mrs. Susanti, a coffee farmer in North Sumatra. She has been receiving training for the last three years. “Now, I can better manage my family and farming expenses. I have three grown children and they all go to college. It’s all because of coffee farming.”
As a result of IFC and ECOM’s work, the percentage of Indonesian women who received agricultural training in North Sumatra jumped to 27 percent – about 1,600 women – from 4 percent in 2009. In Lam Dong, the percentage of Vietnamese women farmers more than doubled to 25 percent, or more than 2,300 women, from 12 percent in 2010.
“The training has not only taught me about good farming practices, but also about financial management.”
“This initiative makes us realize that providing women with the right agricultural practices can help us improve crop yield and the quality of the beans,” said Amran Sinaga, head of the Agriculture Office of North Sumatra’s Simalungun district.
In Indonesia, an IFC survey found that the productivity of farmers training groups comprising both men and women rose 102 percent.
“Empowering women in key sectors such as agribusiness has been one of IFC’s strategic focus areas,” said Sérgio Pimenta, IFC Director for East Asia and the Pacific. “When women farmers have better access to technical training, they will adopt good agricultural practices, improve their productivity and manage their household incomes better.”
By Alessandro Hatami, European banking innovation expert and co-author of Reinventing Banking and Finance and…
For years, a persistent argument has loomed over the push for net zero: that transitioning…
With a sharp focus on delivering compelling risk-adjusted returns, CORDET Capital has positioned itself as…
Attend enough investment forums and they begin to blend into one another. The Fourth Tashkent…
As Uzbekistan accelerates its transformation from a closed economy to a liberalised investment destination, the…
BIAT continues to assert its dominance in the Tunisian financial market, reinforcing its resilience with…