Handover Ceremony of Smallholder Financing Scheme (SFS) in Sukuma District, Champasak Province under Climate-Friendly Agribusiness Value Chains Sector Project (CFAVC)

On September 13, 2024, Climate-Friendly Agribusiness Value Chains Sector Project (CFAVC) of the Department of Agricultural Extension and Cooperatives, Ministry of Agriculture and Forestry organized a SFS Grant handover ceremony to 2 Agriculture Production Groups in Sukuma District, Champasak Province.

The meeting was chaired by Mr. Somphone Keohavong, Director General of the Department of Agricultural Extension and Cooperatives (MAF), Mr. Somsanith Sisangvone, Governor of Paksong District.

The purpose of the ceremony was to provide the support funds to 2 Vegetable Production Groups, total amount of LAK905,997,000 (approximately of USD41,000), which is a grant from the Asian Development Bank (ADB) to the Vegetable and Chilis Production Group of Huayhae Village, which have a total of 41 families. The grant proceeds together with each farmer’s contribution will be invested in a wide range of climate friendly agriculture activities in the province.