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 7,247 Savings and Farmers Groups.

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, 7,247 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 FY24 FY22 FY23 FY24
Africa
Burundi 1,059 818 683 $758,179.00 $352,718.71 -
Democratic Republic of the Congo 187 25 4 $1,945.80 $10,530.00
Ethiopia 232 898 1,807 $109,649.00 $2,519,689.00 $311,668.00
Kenya 295 319 229 $326,492.00 $545,341.00 $613,553.00
Mozambique 35 952 498 $786,716.00 $744,888.00
Rwanda 1,065 1,129 1,161 $1,595,887.00 $1,336,909.50 $533,274.00
Uganda 1,388 1,329 1,037 $384,737.00 $590,297.00 $608,006.00
Asia
Bangladesh 460 589 669 $452,638.00 $1,252,079.00 $1,219,268.00
Cambodia 270 267 169 $1,468,957.00 $1,887,841.00 $3,707,107.00
Indonesia 47 99 25 $101,427.55 $71,212.00 $47,294.00
Philippines 285 124 145 $1,179,293.54 $601,913.26 -
Latin America and the Caribbean
Bolivia 258 247 254 $138,184.26 $179,827.29 $453,331.00
Dominican Republic 110 117 114 $716,475.00 $616,193.61 $507,868.00
Guatemala 147 166 170 $1,275,503.03 $1,505,393.69 $2,181,672.00
Haiti 95 95 96 $995,905.75 $967,157.00 $1,058,544.00
Nicaragua 164 144 145 $564,767.00 $878,768.10 $2,777,504.00
Peru 40 51 41 $68,761.75 $91,931.00 $59,254.00
Total 6,137 7,369 7,247 $10,136,856.88 $14,185,932.96 $14,833,760.00