Training in Financial Management for farmers and fisherfolk
Under the Climate Smart Agriculture (CSA) component beneficiaries receive support in accessing markets through the development of marketing concepts and strategies. The aim is that beneficiaries will be able to operate sustainable businesses through training. SAEP therefore provided fundamental training to farmers and fishers so they can effectively manage their business' finances.
On Tuesday February 18th 2025 The Climate Smart Agriculture and Rural Enterprise Program (SAEP), hosted its first of six (6) trainings in Financial Management for farmers and fisherfolk. The session which was held in Union Community Centre, Union, St. Andrew was facilitated by Mrs. Denisha Daniel, Financial Consultant of Thrive Financial and saw the participation of 17 farmers. Also in attendance were Mrs. Shiphrah Forsyth-Williams SAEP Marketing Officer, Ms Jada Aberdeen, Mr. Jude Fraser and Ms. Nakema Patrick SAEP Extension Assistants .
Through the training the participants were engaged in a theoretical and practical session where they understood and learned the following: the importance of proper fiscal management, simple techniques and strategies to track their finances (using a cash book), how to manage income and expenditure to make a profit, the importance of efficient financial management for both their business and personal finance and the importance of accessing legal support for their business.