Money-making machines
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Published on
27.11.20
- Impact Area
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Funders
United States of America
A new small-mechanization pilot initiative launched in July is equipping farmers with the business and technical skills they need to provide mechanization services to communities in six wards of Masvingo district, Zimbabwe.
With funding from the Swiss Agency for Development and Cooperation (SDC) managed by the United Nations World Food Program (WFP), the International Maize and Wheat Improvement Center (CIMMYT) is leading implementation of the pilot in collaboration with Kurima Machinery and the Zimbabwe Agriculture Development Trust (ZADT), who are supporting the technical training and financial management, respectively.
Anchored on a strong business model, 15 farmers have signed up to become service providers and invested an initial deposit of $500 to access the mechanization package comprising a two-wheel tractor and trailer, a direct planter and a maize cob sheller. Through a “lease-to-own” credit facility, eligible service providers will have 24 months to pay the remaining balance for the set of equipment.
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