Financial Report 2019

For us, a project is only successful, if the communities are able to maintain the surplus in revenue and pay for operational costs without any external support. By the end of 2019 we have achieved just that with two of our projects.

Over the past ten years we have specialized in implementing extensive agricultural projects in rural Ghana and the Gambia. To make it concrete: With our projects we aim to improve the amount and quality of the yield, so that the participating farmers are able to earn an acceptable income with their work. But for the people to escape the poverty trap, the farmers also need to be free of any dependencies. Thats is why it is just as important that the participants build up enough savings, so that they are able to maintain the surplus in revenue and cover all operational costs even after we exit the project.

In the year under review, we have successfully completed two large agricultural projects: 

The two larger villages of the Baddibu Project in The Gambia continue to implement the project measures even after our exit, not only maintaining the status quo but continuously increasing their revenue, with their highest increase of yield in 2019. Proceeds from the sale of the vegetables continue to be used to build up financial reserves – allowing Dutabullu to replace it’s broken irrigation pump in 2020 (see page 4 and read our blogpost “Dutabullu buys new irrigation pump“).

The women of the Anoshe Project in northeast Ghana also harvested significantly more soybeans in 2019 than in the previous years and will now continue cultivating soybeans without our support (see page 6).

Find out more about about the current and completed projects in our annual financial report

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