By George | Program Manager
This group is among the groups that were initiated by Cosma in 2015 to help farmers mobilize own resources and invest in their agriculture under organized saving and credit cooperative
The group has a membership of 78 farmers both female and male with a composition ratio of 60;40 respectively
At the beginning of this year the group applied for a revolving credit of 8m for which up to 5.5m was afforded and disbursed by Cosma in the first financial quarter of the year.
A total of 7 members were qualified by the executive team of the group to borrow fund based on their investment needs and capacity
A list of photos show the projects and their beneficiaries for which the money helped them to diversify their income through daily sell of milk, while goats will be multiplied and off springs sold to other breeders. This generates extra income to support households’ needs.
The livestock investment has also ignited regenerative agriculture where farmers harvest manure from livestock dung and use it to fertilize maize and coffee gardens
At Cosma we look forward to empower more rural households through diversified income through organic agriculture and value addition in Uganda.
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