Bank Australia is supporting Agile Development Group to pilot an education and training program with small plot farmers in rural Cambodia to improve farm management practices.
In Cambodia, the majority of farmers hold less than two hectares of land. These farmers generally practice single crop enterprises, with rice as the dominant crop. Relying on a single crop is financially risky and can have negative implications for nutrition intake. Diversified farming based on the integration of crop and animal production can result in improved resource efficiency, resilience and profitability, as compared to current production systems based on one-crop, typically rice.
Bank Australia's funding has enabled Agile to pilot a peer education project to support farmers to transition from rice production to more diversified crops and to assist farmers with basic business skills.
The program aims to help families in rural Cambodia understand the financial potential of their land and the associated input costs to expand their farm to aid them in overcoming barriers to growth.
Program participant, Mr Sareong said:
“The reason I participated in the workshop today is because I want more knowledge about how to keep the balance of the income and expenses and to develop a strategy to hit the goal that I have.”
Agile are an Australian business that develop new enterprises with local communities in Cambodia. Agile's support helps local communities to recognise and utilise their existing skills and capabilities.
Bank Australia has supported Agile since December 2015, investing $5,000 towards piloting the program until September 2016.
Bank Australia invests 4% of after-tax profits into the Bank Australia Impact Fund which supports projects that contribute to the mutual prosperity of people, our communities and the planet.