The FinScope 2020 Survey Report revealed that 43% of rural adults in Zambia are financially excluded, with women particularly affected. In addition, rural communities often lack financial literacy and business skills.
The stakeholders of the ADA-coordinated Smallholder Safety Net Upscaling Programme (SSNUP) met in Luxembourg for a two-day workshop on 18 and 19 March to take stock of the first phase of the programme and to plan the next one.
Between 2021 and 2023, the microfinance institution Chamroeun Microfinance Plc. - investee of Oikocredit - successfully implemented a project co-funded by SSNUP to improve farmer cooperatives' investment readiness in Cambodia.
