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Success stories are emerging from efforts to train Malawi youth in business management and entrepreneurship through HP+ and Palladium’s Feed the Future Agricultural Diversification project. The project is focused in Mangochi District, where several youth clubs have dramatically increased their profits. The Wake UP youth club doubled its revenue after the training, from MWK 400,000 ($ 497), at which level it had stagnated for the past four years, to MWK 800,000 ($994) in 2020. Mlambe Youth Club increased its investment in land for its green maize production from 2019 to 2020 and grew its revenue. The club now makes an average annual gross profit of more than MWK 1 million ($1,242). Through the youth clubs’ Village Savings and Loan programs, individuals have been borrowing start-up funds and launching their own successful businesses, such as selling tomatoes or fish. In addition to investing in expanding their businesses, the clubs also are putting their profits toward constructing youth corners, physical structures where youth can access family planning services and commodities. Other clubs are supporting needy students with school fees and bicycles and motorbikes to help youth from remote areas access youth friendly health services.
Success stories are emerging from efforts to train Malawi youth in business management and entrepreneurship through HP+ and Palladium’s Feed the Future Agricultural Diversification project. The project is focused in Mangochi District, where several youth clubs have dramatically increased their profits. The Wake UP youth club doubled its revenue after the training, from MWK 400,000 ($ 497), at which level it had stagnated for the past four years, to MWK 800,000 ($994) in 2020. Mlambe Youth Club increased its investment in land for its green maize production from 2019 to 2020 and grew its revenue. The club now makes an average annual gross profit of more than MWK 1 million ($1,242). Through the youth clubs’ Village Savings and Loan programs, individuals have been borrowing start-up funds and launching their own successful businesses, such as selling tomatoes or fish. In addition to investing in expanding their businesses, the clubs also are putting their profits toward constructing youth corners, physical structures where youth can access family planning services and commodities. Other clubs are supporting needy students with school fees and bicycles and motorbikes to help youth from remote areas access youth friendly health services.
Success stories are emerging from efforts to train Malawi youth in business management and entrepreneurship through HP+ and Palladium’s Feed the Future Agricultural Diversification project. The project is focused in Mangochi District, where several youth clubs have dramatically increased their profits. The Wake UP youth club doubled its revenue after the training, from MWK 400,000 ($ 497), at which level it had stagnated for the past four years, to MWK 800,000 ($994) in 2020. Mlambe Youth Club increased its investment in land for its green maize production from 2019 to 2020 and grew its revenue. The club now makes an average annual gross profit of more than MWK 1 million ($1,242). Through the youth clubs’ Village Savings and Loan programs, individuals have been borrowing start-up funds and launching their own successful businesses, such as selling tomatoes or fish. In addition to investing in expanding their businesses, the clubs also are putting their profits toward constructing youth corners, physical structures where youth can access family planning services and commodities. Other clubs are supporting needy students with school fees and bicycles and motorbikes to help youth from remote areas access youth friendly health services.