AGRI-BASED BUSINESSES RECEIVE SHARE OF M300,000.00 REVOLVING FUND

On 9th May 2023, 3 youth agri-based entrepreneurs received M100,000.00 EACH intended to assist them to grow their businesses after meeting the requirements of the Smart Youth Fund (SYF) business plan competition. The SYF project is a collaborative effort between BEDCO, Lesotho PostBank and Sekhametsi Development Trust that seeks to provide access to finance and business skills support to youth-owned businesses. The pilot phase of the project particularly focused on existing producers and aggregators in the value chain of horticulture products. The 3 winning businesses, Qalakheng Evergreen Farms, Happy C&J Village Farms and Our Urban Farm will undergo BEDCO’s incubation programme to equip them with the necessary tools and skills to sustain their businesses.