Summary
This article discusses the importance of investing in Smallholder Farmer Groups (STGs) to help them achieve a 'living income', as defined by the ability to afford a decent standard of living.
Achieving a Living Income for Smallholder Farmer Groups
Highlights
Defining Living Income
A 'living income' is the net annual income needed for a household in a specific location to afford a decent standard of living for all its members. This standard encompasses necessities like food, water, shelter, education, healthcare, transportation, and clothing, along with contingency plans for emergencies.
Benefits of Living Income
Beyond just alleviating poverty, achieving a living income for STGs offers significant advantages. It can enhance company performance, mitigate risks, and contribute to the development of a more resilient supply chain.