Hotline: 1800 102 2007
X
Loading
Search Business Opportunities
Dec, 02 2017

15,000 small Indian farmers reinforced by $2 mn grants from Walmart Foundation

"The goal is to improve the livelihoods of 15,000 farmers and their families and communities over the coming two years," said by a non-profit consulting firm Agribusiness Systems International (ASI)

Walmart Foundation declares to donate $2 million to non-profit consulting firm Agribusiness Systems International (ASI) to help small farmers in India diversify markets for their produce. The foundation said, the funding is aimed at implementation of Farmer Market Readiness Project in Andhra Pradesh providing financial support to ASI.

"The goal is to improve the livelihoods of 15,000 farmers and their families and communities over the coming two years," it added. The project will provide farmers with knowledge, resources and services to enhance their market-readiness and expand their reach, it elaborated. The aim is to promote closer links between buyers and farmers by facilitating meetings between farmers and diverse buyers prior to planting season to share insights into upcoming market demand, standards, and prices under the programme. It will also allow farmers to manage planting and crop rotation to maximise profits.

"The approach that ASI is taking to the work is one that looks at how a range of actors from government to financial institutions and local businesses can all be a part of supporting farmers in this growth.", Walmart Foundation Vice President, Programs Julie Gehrki said.

An ASI India Country Representative Amit Singh said that, the support from Walmart Foundation to smallholder farmers in Andhra Pradesh will help unlock potential of farmer livelihoods for generations by focusing on sustainable and transparent partnerships with public and private sector supply chain actors.

Comment
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities