Micro-loans and Literacy Are Contributing to Food Security in Poor Upper Guinea
In addition to new agricultural techniques, basic business management and literacy skills, USAID-sponsored Adventist Relief and Development Agency (ADRA), a faith-based NGO, has been using micro-credit as an effective tool to help promote food security in Middle and Upper Guinea. In Siguiri, for example, ADRA has given out micro-loans to women’s and men’s agricultural co-ops just prior to the planting season to enable them to buy inputs such as improved seeds and tools, which they would not be able to afford otherwise. Regular seeds cost about $1.00/kilo, while improved varieties are much more expensive—$3.00/kilo or more. The use of micro-credit for inputs has promoted the use of improved seeds, allowing for a much higher yields, and, in the end, better food security.(more)
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