By Alex Bwaluka | Executive Director
German Sparkassenstiftung for International Cooperation (DSIK) is a German NGO registered in Zambia as a company limited by Guarantee that provides proactive support to financial institutions to sustainably foster economic and social development at the local, national, and regional level through needs-oriented microfinance services. DSIK aims at providing business literacy trainings to both small scale and medium farmers in Zambia. It is for this reason that the foundation has partnered with Charity Centre for Children and Youth Development (CCCYD) in Northwestern Province, to identify Micro entreprneurs and small scale farmers and bring them together and offer them Micro Business Game simulation training in Kasempa district. There were two consecutive Micro business game training conducted in Kasempa District.
Charity Centre for Child and Youth Development has strong establishments with communities in Northwestern Province. Financial literacy programmes have been one of the core businesses among other activities that CCCYD undertakes. For several years now CCCYD has conducted several trainings in different districts of North-western province of which Kasempa is one of the Districts. CCCYD has been working DSIK since 2016.
Understand what entrepreneurial thinking and acting means and apply it throughout the simulation
Get to know challenges and opportunities of micro enterprises and how to react on them
Understand basic accounting and controlling principles and apply simple financial tools throughout the simulation
Develop a deeper customer understanding and basic marketing knowledge
Realize market dynamics and competition
Understand the interface between micro finance institutions and clients and realize implications thereof
CCCYD carried out the MBS training for some of its recipients of the Social Cash transfer and other micro business entrepreneurs to which some of them uses for business activities in order to reduce government dependence.
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