At Mayamiko Trust, we have over 10 years experience offering training in vocational skills that women need to lift themselves out of poverty. However we know from our monitoring work, that vocational skills are not enough. Graduates do better when they also have basic business and financial literacy skills.
This is why we partnered with local financial education experts, to develop entrepreneurship and financial literacy classes that we offer at the end of the vocational skills training, to ensure our graduates have the best possible chance at success when they leave us. During these classes learners are taught how to evaluate their market, form a business plan, managing finances, understand legal requirements, utilise profits and much more.
Because we now know this training is so critical to their long term business success, we want to take it a step further. We are launching a new initiative focussed on Training Trainers, so that the effect may be amplified. We are expanding the syllabus, with the objective of training the first ten trainers in May and June 2020. The pilot will take place in Chipata, Zambia.
We hope you will support us with this urgent work: many women rely on agriculture for their business, and they are increasingly economically vulnerable as the effects of climate change become more extreme. This training is essential to create more resiliency among women and ensure long lasting economic empowerment.