Standard Lesotho Bank in partnership with the Lesotho National Development Corporation, UNDP Lesotho and The FinMark Trust this week held a review of their joint initiative, the Local Supplier Development Programme (LSDP), to assess its impact on 121 farmers in Lesotho.
The review highlighted notable achievements, particularly in capacity building for 50 livestock and horticulture farm assessors on Global G.A.P and food safety standards
The awards ceremony held during the event was a successful occasion aimed at recognising outstanding contributors in the sustainable agriculture sector in Lesotho
The awards, along with large cheque prizes, were presented to Litsoa Mobung Fresh Produce (M161, 000) and Riverside Fresh Farm Produce (M39, 780) in recognition of their efforts towards achieving Global G.A.P certification.
The LSDP through its array of capacity-building initiatives and awards programmes has consistently shown a steadfast dedication to fostering the growth and advancement of the country’s agricultural sector.
Speaking at the event, SLB’s head – business and commercial clients – Keketso Makara described the initiative as ‘a good one’.
Makara said these four institutions believe they have a responsibility for Lesotho to prosper.
He extended gratitude to the farmers who participated in the programme, acknowledging their commitment and hard work despite facing challenges.
“These farmers serve as inspirational figures for other small-holder farmers, encouraging them to aspire to grow into larger corporate entities capable of producing and exporting goods to international markets,” he noted.
Regarding the financial support provided through the initiative, Makara expressed confidence that the funds allocated would be utilised effectively for beneficial purposes.
“We are confident that the funds you have been given are going to be used for a good cause. I’m certain that the gaps that were pointed out by business-holder farmers will be closed, like access to finance which is one of the biggest problems.”
In addition, Makara advised the farmers on the importance of maintaining records for their operations, emphasizing that good record-keeping is essential for accessing finance and managing business effectively in future.
On his part, the trade promotion officer of LNDC, ‘Makananelo Chefa said the goal of the initiative is to enhance productivity, sustainability, and overall farm management.
Chefa said their mission is to help farmers prepare effectively for the implementation of good agricultural practices and food safety standards, thereby improving their access to markets.
“By providing insights from the assessment, we aim to empower farmers with the knowledge and resources needed to meet and exceed global standards,” she indicated.
She further revealed that one of the winners is already exporting to the South African market while the other is supplying a local popular fried chicken outlet.
‘Malerato Khoeli of Riverside Fresh Farm Produce thanked all the organisations involved in making the programme a success.
“We were also helped to see our credit readiness assessment through capacity building.
“Business planning, business and financial management were also part of the training,” she recounted.
Khoeli said they found themselves supplying the fried chicken outlet, which she described as one of the strictest restaurants not compromising on quality.
“Supplying the outlet means we are listed with them; when there is a shortage of eggs in their sister shops in South Africa, we supply them. The same goes for one of the leading retail chain stores,” Khoeli added.