By Francesca Laursen | Global Partnership Director
After a successful and very well attended project launch event in Kingston, Jamaica, INMED has been working hard behind the scenes to get all the pieces in place for rollout of Aquaponics project loans to small farmers by March 2018.
In October, we finailzed most of the documentation needed for the various multi-stakeholder project funders. In November, we met with the financial institutions and many of the potential buyers and input suppliers who will participate on the project. We secured the lending terms that will be applied to the project from the financial institutions, we secured participation from the input suppliers who will now have on-hand, the input the farmers will need to start and run their aquaponics farms (currently negotiating ways for the farmers to benefit from in-bulk purchases), and we spoke to several of the potential buyers who are eagerly awaiting the aquaponics produce.
In November, we also began working with external media consultats who will be hepling INMED to put together the online training materials covering, 1) the technical aspects of aquaponics, 2) business planning and marketing and 3) what is a loan-financing. We will be using this material, in addition to the INMED Aquaponcis manual (currently being finalized) and several annual hands-on training workshops to prepare the farmers for successful aquaponics agri-businesses.
Additionally, through the funding from stakeholders INMED will be on the ground with the farmers for 3 years providing as needed technial assistance. We will do whatever we can to make sure the farmer's agri-businnesses are successful and their loans are repaid.
There are many costs however, that the funders do not cover and for which your help would go a long way in ensuring the success of this exciting and beneficial program.
INMED would like to build in greater sustainability to the program. To do this we need to establish an INMED Aquaponics Training Institute where we would provide access to bulk purchased fish feed and hybrid seeds which are difficult to get and very expensive in Jamaica. We would also provide as needed technical assistance and workshop training on-going (post project). The goal is to not just start a project and leave once the project is over. This method has proven time and time again to be ineffective. INMED would like to stay on the ground and available to make sure the project and the farmers' ability to be climate resilient, generate an income and feed their families is sustained. PLEASE HELP INMED BE THE SUPPORT ARM FOR CLIMATE RESILIENT FARMING in JAMAICA!
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