Chillies changing lives in Chimanimani, Zimbabwe

Published Jul 25, 2022

Tridge summary

A project in Chimanimani, Zimbabwe, funded by Empower Bank, has seen 70 local youths successfully harvest chillies over three to four crops, generating income from the export of the produce. The project, based on a 10-hectare plot at Dombera Farm, received initial funding of $3,9 million, which has since been increased to $5,9 million. The most profitable harvest yielded over 1,000kg of chillies, resulting in over $700 in revenue. The project is set to expand to 20 hectares, with the potential to include more youths.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Source: Chillies changing lives in Chimanimani | Herald (Business) Ray Bande-Senior Reporter YOUTHS in Chimanimani are smiling all the way to the bank after a good harvest of chillies for export, thanks to the Empower Bank-funded project which was expertly spearheaded by the lead farmer at Dombera Farm. A 10-hectare piece of land was put under chillies production with a total of 70 youths from Chimanimani District near Dombera Farm tending the crop. The youths have an average of 0.1ha each. In an interview, Empower Bank Mutare Branch Manager, Mr Hillary Nyanhongo said they injected funding into the programme after the identification of a lead farmer to coordinate the production and export of the produce. “We came in as the financier of the project after a lead farmer was identified. The lead farmers in this case were the Baileys who run Dombera Farm in Chimanimani. “When we initially funded the project, we injected $3,9 million which translated to about US$35 000 at the prevailing ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.