Agricultural Empowerment for Rural Farmers

Farmers who are part of Cosma program have not only engaged in crop production but have carried out other income generating activities like poultry, piggery among others. These have helped them to realize additional household income leading to improved income and savings, hence, improved livelihood.

This is witnessed from.

Nabakooza Muwahijah aged 51 years and resident of Mitete Kalububu in Ssembabule, Uganda who a single mother with five children. Nabakooza is a poultry farmer. Nabakooza enticed her group members to register with COSMA where they got a soft loan at an interest of 2%. And now they are proud of being a member to COSMA. She got a loan from the group and started poultry keeping project where she expects to be earning USD 80 per week. Margret is dreaming of having a bigger poultry unit.

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.