Financial Workshops

South Africa / Training, Financial Literacy

The World Poultry Foundation sponsored a multi-year hatchery improvement program for small independent owners in the northern region of Vietnam.

Skills to Succeed

In July 2018, the first in a series of financial workshops for poultry producers in South Africa successfully trained twenty-five individuals in several important aspects of finances including general accounting methods, record keeping, balance sheets and cost and income projections for their own operations. This training was conducted by Franchising Plus of Pretoria, with additional support from NedBank, and the South African Department of Agriculture, Forestry and Fisheries (DAFF) and the provincial agricultural staff. The city of Mokopane provided the venue and members of both DAFF and provincial agricultural officials observed all the financial presentations. The US Department of Agriculture provided a grant to WPF in support of this training. Participants had an overwhelmingly positive review of the workshop, highlighting the effectiveness of presentations and the one-on-one availability of professionals to assist attendees. Follow-up events with each farmer are scheduled to determine how well they have been maintaining their production and expense records, and if they have been utilizing the financial tools presented to them.