LEA assist entrepreneurs to access funding
Thursday, May 11, 2017
This came out of the realisation that although there are many reasons for business failures, ranked high on the list is difficulty in accessing funding and lack of planning. Business planning does not only ascertain the viability of the business, but also provides a roadmap for the business, as well as a justification to seek loans from the financing institutions.
The Micro Enterprises that were assisted at the 13 LEA branches across the country included services such as business counselling and pre-screening; screening; and needs and gap analysis.
The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...