PATHWAYS TO FLOURISHING: ASSET CREATION
Food insecurity is often a result of economic hardship. To improve the livelihood resilience of vulnerable people, last year we mobilized people to create assets worth over $14 million through the formation of 7,369 Savings and Farmers Groups.
GUATEMALA
166 Savings Groups
$1,505,393.69 Total Assets in Dollars
NICARAGUA
144 Savings Groups
$878,768.10 Total Assets in Dollars
HAITI
95 Saving Groups
$967,157.00 Total Assets in Dollars
DOMINICAN REPUBLIC
117 Savings Groups
$616,193.61 Total Assets in Dollars
PERU
51 Savings Groups
$91,931.00 Total Assets in Dollars
BOLIVIA
247 Savings Groups
$179,827.29 Total Assets in Dollars
ETHIOPIA
898 Savings Groups
$2,519,689.00 Total Assets in Dollars
UGANDA
1,329 Savings Groups
$590,297.00 Total Assets in Dollars
KENYA
319 Savings Groups
$545,341.00 Total Assets in Dollars
RWANDA
1,129 Savings Groups
$1,336,909.50 Total Assets in Dollars
BURUNDI
818 Savings Groups
$352,718.71 Total Assets in Dollars
DEMOCRATIC REPUBLIC OF THE CONGO
25 Savings Groups
$1,945.80 Total Assets in Dollars
MOZAMBIQUE
952 Savings Groups
$786,716.00 Total Assets in Dollars
BANGLADESH
589 Savings Groups
$1,252,079.00 Total Assets in Dollars
CAMBODIA
267 Savings Groups
$1,887,841.00 Total Assets in Dollars
INDONESIA
99 Savings Groups
$71,212.00 Total Assets in Dollars
PHILIPPINES
124 Savings Groups
$601,913.26 Total Assets in Dollars
Entrepreneurship and Business Development, Agriculture Value Chain
Generally, the humanitarian sector has focused on improving agricultural productivity while neglecting to address how the increased yield can be converted into assets. Worldwide, the resilience of agri-food systems depends on the human ability to balance socio-economic and ecological trade-offs. Yet little effort to date has focused on how smallholders’ participation in partnership with suppliers and/or procurers could help agri-food systems resilience outcomes. To address this gap, Food for the Hungry’s asset creation pathway suggests plausible links among value chain partnerships, smallholder farmer entrepreneurship, and agri-food systems resilience outcomes, which would include stabilizing rural livelihoods, supporting ecological services, and enhancing socio-cultural services.
Food for the Hungry’s livelihood programs have focused on building the capabilities required for people to earn money and secure a means of living. The Food Security programs focused on increasing families’ production, diversifying incomes, and saving for the future to ensure their children are well-nourished, thrive, and reach their full potential. Last year, 7,369 Food for the Hungry-established saving groups created assets worth over $14 million USD, providing income and food security for families and communities.
Country | # of Savings Group | Total Assets in Dollars | ||
---|---|---|---|---|
FY22 | FY23 | FY22 | FY23 | |
Africa | ||||
Burundi | 1,059 | 818 | $758,179.00 | $352,718.71 |
Democratic Republic of the Congo | 187 | 25 | $1,945.80 | |
Ethiopia | 232 | 898 | $109,649.00 | $2,519,689.00 |
Kenya | 295 | 319 | $326,492.00 | $545,341.00 |
Mozambique | 35 | 952 | $786,716.00 | |
Rwanda | 1,065 | 1,129 | $1,595,887.00 | $1,336,909.50 |
Uganda | 1,388 | 1,329 | $384,737.00 | $590,297.00 |
Asia | ||||
Bangladesh | 460 | 589 | $452,638.00 | $1,252,079.00 |
Cambodia | 270 | 267 | $1,468,957.00 | $1,887,841.00 |
Indonesia | 47 | 99 | $101,427.55 | $71,212.00 |
Philippines | 285 | 124 | $1,179,293.54 | $601,913.26 |
Latin America and the Caribbean | ||||
Bolivia | 258 | 247 | $138,184.26 | $179,827.29 |
Dominican Republic | 110 | 117 | $716,475.00 | $616,193.61 |
Guatemala | 147 | 166 | $1,275,503.03 | $1,505,393.69 |
Haiti | 95 | 95 | $995,905.75 | $967,157.00 |
Nicaragua | 164 | 144 | $564,767.00 | $878,768.10 |
Peru | 40 | 51 | $68,761.75 | $91,931.00 |
Total | 6,137 | 7,369 | $10,136,856.88 | $14,185,932.96 |