 |
|
In business, "money makes money". The success of a business depends very much on a client's ability to manage money. Owners of small or micro enterprises often have to learn to separate personal and business money, to make sensible investment decisions and to remain in control of transactions if they are to succeed in maintaining and expanding their businesses and thus their incomes.
Financial education which teaches people about managing cash, making budgets, keeping books, preparing accounts, managing credit sales, determining borrowing requirements, using insurance, managing debts and so on, is essential to help small scale farmers and other rural entrepreneurs to survive. It also helps them to become bankable and to make effective use of financial services when they are available. |
|
|
PUBLICATIONS |
|
|
Enhancing Farmers' Financial Management Skills
J.Heney FAO/GTZ AFR Series No.6 2000 |
(E) |
(F) |
(S) |
|
This book outlines the importance of education and training in financial management skills for rural households. The case is made that if farming families are more familiar with the requirements of formal financial institutions, can supply the right kind of information to them, have the right attitude concerning contractual agreements and can monitor money as it is acquired and spent by the family, then they become more attractive potential clients of the formal financial sector. This would enable more financial institutions to expand their activities in rural areas in a sustainable manner. Alternative ways of promoting these skills are examined - in schools, literacy classes, community meetings, farmer groups or through training courses and individual counselling from agricultural extension workers and the staff of financial institutions. |
|
|
|
Talking About Money |
|
|
Field officers involved in giving agricultural advice in developing countries are most commonly technical experts of some kind, e.g. agronomists, livestock, irrigation or engineering specialists. They usually do not have much experience in giving advice about money and this topic is generally avoided, apart perhaps from some simplified profit calculations. This series of booklets will help them "talk about money" more readily and enable them to give good advice to farmers about the use of financial services such as credit. The material is designed to be useful not only to extension or advisory officers involved in agricultural or rural development but also to farmer discussion groups and farmer field schools. |
|
|
1. Explaining cash flow and savings
J.Heney 2005
|
(E) |
(F) |
(S) |
The book is accompanied by separate files containing copies of the planning forms introduced in the text, which can be printed out and used as required. |
(E) |
(F) |
(S) |
(E) |
(F) |
(S) |
|
|
|
Business management for small-scale processors
P.Fellows & A.Rottger AGSF Working document 2005 |
(E) |
|
|
|
This book outlines the importance of education and training in financial management skills for rural households. The case is made that if farming families are more familiar with the requirements of formal financial institutions, can supply the right kind of information to them, have the right attitude concerning contractual agreements and can monitor money as it is acquired and spent by the family, then they become more attractive potential clients of the formal financial sector. This would enable more financial institutions to expand their activities in rural areas in a sustainable manner. Alternative ways of promoting these skills are examined - in schools, literacy classes, community meetings, farmer groups or through training courses and individual counselling from agricultural extension workers and the staff of financial institutions. |
|
|
|
Management of rural income-generating activities
1994 |
(E) |
 (F) |
(S) |
|
This booklet, which was developed jointly by the Rural Finance Group and the Gender and Population Division, is based on FAO project experiences in French-speaking African countries. It is intended to provide extension workers and group leaders with a simple guide to teaching financial management to individuals and groups. The booklet shows how to introduce to people the nature of rural income-generating activities and the essential elements of financial management. It gives simple examples of the main types of financial records a business needs and explains the different ways a business can be financed. |
|
|
|
Glossary of terms for agricultural insurance
and rural finance
ASB No.100 1992 |
(E) |
(F) |
(S) |
|
This glossary was published as FAO Agricultural Services Bulletin No. 100 in 1992. It provides a useful reference tool for researchers, teachers and practitioners in the field of rural finance and will be reviewed and up-dated in the near future. |
|
|
|
PUBLICATIONS FROM OTHER SERVICES |
|
|
Some publications produced by other Services within FAO have relevance to capacity building in rural finance, e.g. |
|
|
|
| |
| |
