In Uganda, access to financing remains a major challenge, especially for women and young people, who make up a significant portion of the agricultural workforce. Without access to credit and financial support, their economic independence is limited, which hinders the growth of their agricultural activities.
To address this challenge, the Kabarole Research and Resource Centre (KRC) is working to strengthen financial inclusion in the Rwenzori region through the following actions:
- Supporting and expanding Savings and Credit Cooperatives (SACCOs)
- Strengthening microcredit groups (VSLAs - Village Savings and Loan Associations)
- Developing accessible financial products for farmers
- Encouraging collaborations between farmers and businesses
Through these initiatives, small-scale farmers—especially women and young people—will be better equipped to manage market risks and implement a more sustainable agroecological business model.