Supporting Small to Medium Business Enterprises (SME’s) through capacity building for community development
The Enterprise Development programs here at FYI provides training and technical assistance to farmer cooperatives, youth-led enterprises and grassroots associations. We train them in financial management system, good governance, financial reporting system, enterprises development and entrepreneurs mentoring. We also assist them in development of business plan, brand development and marketing strategies.
The goal of providing our support is to maximize capacity-building amongst these small business enterprises. Capacity-building is a key means of implementation in enhancing and accelerating human, institutional and infrastructure capacity building initiatives and for assisting developing countries in building capacity to access a larger share of multilateral and global research and development programs. Increasing and building their capacity is achieved by providing direct funding to these business Cooperatives with an emphasis on value addition chain.
Most of the SME’s we have invested in are agriculture-oriented businesses- mainly because majority of South Sudanese (about 85%) live in rural areas where they depend on agriculture as the main source of income. Yet they utilize only 4% out of 80% of cultivable land, using traditional methods. The farmers lack knowledge on irrigation systems and mechanized farming have limited knowledge and exposure to appropriate technology. Agricultural production is rain-fed in its entirety, consequently, agricultural production and productivity remain very low and the incidence of poverty and food insecurity becomes pervasive.
FYI works directly with farmer cooperatives in developing their business proposal intended to achieve greater commercial viability, significant social benefits and sustainability with particular emphasis placed on value addition chain. We develop project documents including technical proposals, market analysis, technology analysis, financial analysis, and environmental assessments among others. We align these project documents to each cooperative’s business model that galvanizes a synergy of smallholder farmers to collectively access market linkages, exploit end-market opportunities, improve incomes and ensure project impact and sustainability.
Plot No. 60 & 61, Hai Thoura
Buluk – Hai Thoura Road, Juba, South Sudan