The West Coast Co-operative Credit Union Ltd. (WCCCU) has completed what has been described as its first successful training session for farmers.
The training was held on Tuesday December 16th, 2013 at the Salisbury Government School on the topic “How records are kept and it’s importance.”
The participating farmers learnt in detail, how to go about preparing records and the different types of methods that can be utilized.
They were taught how to;
1. Appreciate the importance of accurate record keep.
2. Identify the basic resources needed for accurate record keeping.
3. Be confident in their ability to do record keeping.
4. Use the best practices in record keeping.
The WCCCU said it hopes that the farmers will practice what was taught at the training session.
The WCCCU has also launched a new revolving facility just for the farmers called “New Farm Plus”.
According to the organization, the loan programme was developed to assist farmers increase their production.
It is expected that the new initiative will bring relief to farmers, to provide inputs, plants, livestock and farm labour for their farms.
All farmers, farmers groups and prospective farmers who are ready to invest at any level will be able to access the funds which will be offered at easy terms with very basic requirements for accessing the facility.
The officers of the loans department at the West Coast Cooperative Credit Union say they are excited about the launch of this venture “which is expected to provide our farmers with the confidence of knowing that they can readily access the resources that is needed as they will need it to ensure that their investment do not suffer.”
Correction – DNO’s or the organizers’
How records are kept and it’s importance? Whose error is that, DNO’s or the organizers? It cannot be i t apostrophe s! Lord help our students who read!
Yes!!!! I would say now this is something geared at improvement…. Now let’s set up something to motivate our farmers… What about a competition… Who can deliver the biggest crop…. Winner gets 3 grand… Government? What allu saying?
WCCU should be applauded for delivering this training session for farmers.
Record keeping is vital in the operation of a farm business. Unfortunately, too many of our farmers do not practice basic record keeping. Proper records allow a farmer to determine cost of production, gross margins, net income, etc. These tools tell you how well your farm business is performing.
Farming must be treated as a business and not just as a way of life. To do that, we have to use the tools that enable us to operate our farms as
a business. As a business operator we need to have access to useful information ( numbers) to stay in business.
I hope that we will see more training sessions of that type for our farmers in the west and elsewhere in our country.
Way to go WCCCU!!! I hope there will be follow up training.