FAO and the Agricultural University of Tirana empower Albanian farmers and extension specialists with Financial Literacy Training
08 November 2023
In a successful collaboration, the Food and Agriculture Organization of the United Nations (FAO) and the Agricultural University of Tirana have concluded a series of financial literacy training sessions designed to empower
farmers and agricultural extension service specialists in Albania. This initiative was part of the project "Assessing needs and delivering tailored financial literacy training for selected agricultural producers from earthquake-affected areas and extension service specialists in Albania."
The training, which exceeded initial estimates in terms of participation, took place in three target areas. It covered essential topics such as financial literacy, business planning within the agricultural sector, and agricultural support schemes, including IPARD support schemes. The positive response from participants reflects their strong desire to access financial resources for the growth and enhancement of their agricultural businesses. By enhancing the financial literacy of these groups, these training sessions have significantly increased their capacity to pursue financial support opportunities to strengthen their agricultural enterprises.
The process marks the culmination of the entire training program envisioned under the project, highlighting the keen interest and enthusiasm within the Albanian agricultural community, where the gender distribution among participants was approximately 64 percent men and 36 percent women.