The Food and Agriculture Organisation
(FAO) partnership with MasterCard, the technology company in the global payments
industry, will take off by caring for Kakuma
refugee camp, Turkana County, Kenya, NaijaAgroNet
reports.
The camp is currently housing 170,000
refugees who have fled wars and violence in neighboring countries.
According to the agreement, camp
residents will be provided with prepaid cards that will permit them to buy
charcoal produced locally by the host community – charcoal that has been
certified as being produced in a sustainable, environmentally-friendly way. The
scheme, NaijaAgroNet gathered, is designed to
improve incomes of Turkana residents, reduce social tensions between those
residents and the refugees, and relieve pressure on the environment.
MasterCard will provide its technology expertise and a meaningful financial contribution, to kick-start the business chain by providing 1,240 host-community households with improved charcoal making kilns and 7,000 refugee households with energy efficient stoves and credit to purchase 25 per cent of their annual charcoal needs.
MasterCard will provide its technology expertise and a meaningful financial contribution, to kick-start the business chain by providing 1,240 host-community households with improved charcoal making kilns and 7,000 refugee households with energy efficient stoves and credit to purchase 25 per cent of their annual charcoal needs.
The FAO and MasterCard
are joining forces to create this innovative alliance against hunger. The new partnership agreement which was
signed recently by FAO Director-General José Graziano da Silva and Walt Macnee,
Vice Chairman of MasterCard, at FAO headquarters, NaijaAgroNet
reports, will pave the way for a
collaborative effort that will develop inclusive payment systems to support
small-scale farmers and poor families.
Among other activities, the collaboration will explore ways to provide credit or money to households for purchases of basic needs and farming inputs on local markets, thereby supporting local economies and putting financial tools in the hands of economically marginalized communities.
The effort will benefit from the complementary strengths of each organization: MasterCard’s expertise in payments technology and FAO's global reach and track record in combating hunger and malnutrition, NaijaAgroNet learnt.
Among other activities, the collaboration will explore ways to provide credit or money to households for purchases of basic needs and farming inputs on local markets, thereby supporting local economies and putting financial tools in the hands of economically marginalized communities.
The effort will benefit from the complementary strengths of each organization: MasterCard’s expertise in payments technology and FAO's global reach and track record in combating hunger and malnutrition, NaijaAgroNet learnt.
FAO's
three main goals, NaijaAgroNet discovers, include the
eradication of hunger, food insecurity and malnutrition; the elimination of
poverty and the driving forward of economic and social progress for all; and,
the sustainable management and utilization of natural resources, including
land, water, air, climate and genetic resources for the benefit of present and
future generations.
Cyriacus Nnaji/GEE
Cyriacus Nnaji/GEE
... Linking agrobiz, sustainable environs, people & technology
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