Audio By Carbonatix
World Vision International has launched an ambitious programme aimed at improving household resilience and transforming the livelihoods of over 800,000 farmers in Ghana.
The initiative, dubbed the THRIVE 2030 Project, was officially launched following the signing of a Memorandum of Understanding (MoU) with six key implementation partners: Fairtrade Ghana, Esoko, PANGEA Africa, Vision Fund Ghana, Ghana Commodity Exchange, and Farm Concern International.
The project is designed to address systemic poverty in vulnerable farming communities through a four-pillar strategy that combines mindset transformation, financial empowerment, sustainable agricultural practices, and access to capital.
Justice Tsegah, Project Lead for THRIVE 2030 at World Vision, explained that the first pillar focuses on mindset transformation using the Empowered Worldview Curriculum. This approach helps beneficiaries understand their needs and develop household business plans as a roadmap out of poverty.
The second pillar, known as "Savings for Transformation", enables community-based savings groups to pool funds weekly and access small loans to support business activities. This is followed by training in inclusive market systems, where farmers learn how to produce sustainably and tap into value chains.
The final component of the project involves capital injection through VisionFund, the microfinance arm of World Vision. The goal is to accelerate growth within these savings groups by offering financial support tailored to their economic activities.
Mr. Tsegah also underscored the role of digitalisation, noting that THRIVE will deploy mobile phones and an app to replace manual savings group processes. “Digitising savings groups ensures transparency and allows beneficiaries to track their financial status from anywhere,” he added.
Frank Alornu, CEO of VisionFund Ghana, explained that access to funding will be based on the nature of applicants’ businesses and their financial literacy. Training will be provided where necessary before disbursing loans, which will be customised to the duration and scale of each beneficiary’s activity.
He emphasised that funds would only be given to those already engaged in productive economic activities, ensuring the capital is used effectively to expand businesses.
Supporting the implementation, Solomon T. Mensah, CEO of Esoko, highlighted their role in providing timely and relevant digital information to farmers. Through Esoko’s Digimart platform, farmers will receive real-time updates that support income growth, especially across the 14 targeted districts.
The THRIVE 2030 Project is set to become a game-changer in the fight against rural poverty.
By combining mindset shift, financial access, market integration, and digital innovation, the initiative positions Ghanaian farmers for long-term resilience and prosperity.
Latest Stories
-
Kim Jong Un chooses teen daughter as heir, says Seoul
41 minutes -
Morocco to spend $330m on flood relief plan
51 minutes -
Samini’s ORIGIN8A storms Apple Music Ghana charts at No. 7
3 hours -
Ghana’s gold output hits record 6 million ounces in 2025, industry group says
4 hours -
‘I’m a lover boy, not womaniser’ – 2Baba on fatherhood, marriage to Natasha
4 hours -
Tems becomes first African female artist to have 7 entries on Billboard Hot 100
4 hours -
Police arrest three for the alleged possession of firearm without license
4 hours -
Suspected robber shot dead by police while fleeing with officer’s vehicle
4 hours -
Head porter charged over mobile phone theft
5 hours -
Tuchel extended England stay for ‘amazing players’
5 hours -
Gender Ministry holds stakeholders’ meeting to strengthen Ghana’s adoption system
5 hours -
Atletico Madrid put four past Barcelona in Copa del Rey semi-final
5 hours -
Tottenham are ‘not a big club’ – Postecoglou
5 hours -
Nottingham Forest close in on Pereira appointment
5 hours -
England to face Spain and Croatia in Nations League
5 hours
