The Dakkada Business Forum was formed to further articulate the vision of His Excellency, Mr. Udom Gabriel Emmanuel, the Governor of Akwa Ibom State.
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| Mr. Ime Uwah Presenting The Certificate Of Registration To One Of The Beneficiaries Of The Dakkada Multi-Purpose Cooperative Society |
The Forum believes that similar to other major economies in the world with lesser land mass and population than that of our dear state, we must leverage our gifts of land, water, labour and markets to become a global agricultural powerhouse.
The forum also believes that Smallholder farmers hold the key to our agricultural future and that by providing these smallholder farmers access to enhanced, high quality, cost-effective training, financial services, agricultural inputs and marketing services, Akwa Ibom State economic future will be secured.
The Challenge
Low economies of scale
Akwa Ibom smallholder farmers remain poor due to several factors including but not limited to land fragmentation, broken value chains, poor access to finance, inadequate cash flow, lack of extension services, and limited access to good markets. These factors create low economies of scale that systematically keep farmers in a cycle of poverty
The Dakkada Multi-Purpose Cooperative Society Model
The Dakkada Business Forum’s Multi-purpose cooperative model overcomes a key underlying structural problem that keeps Akwa Ibom smallholder farmers poor, which is low economies of scale. Utilizing a sustainable private sector model, The Akwa Ibom State Government through the Dakkada Business Forum provides cost effective end-to-end services to a network of Dakkada Multi-purpose cooperative societies.
The Dakkada Business Forum mobilizes its members from a poll of Dakkada Ambassadors, group them into clusters of 25 members each and register them as Multi-Purpose cooperatives societies with emphasis on Agribusinesses, provides tailored and cost effective end-to-end professional training, input, credit and marketing services while the Cooperative Societies adhere to the Forum’s advises and benefit from services to increase yields and profits.
Service Delivery Model
Four key services required for smallholder farmers to be successful are provided as follows:
Financial Service: Utilizing an innovative approach to de-risk members of the cooperative, the Business forum raises cost effective capital and Loans to finance the members of the Dakkada cooperative and the Cooperative joint projects.
Agricultural Input Service: The forum provides the appropriate balance of agricultural inputs, at the right time, applied in the right way, at highly competitive prices. This ensures that members of Dakkada MPCS attain optimal levels of productivity and product quality, while minimizing negative environmental impacts
Training & Development: the Forum provides the required training and development to establish strong democratic MPCS
Marketing Services: Members get access to the Business Forum market services that assure good warehousing practices, access to good markets and increased profits.
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| Mrs. Jane Ekwere; President, Mkpat Enin 1 Dakkada Multi-Purpose Cooperative Society |
The mission of the Dakkada Business Forum is to inspire and enable hardworking smallholder farmers to reach their full potential. We intend to improve the incomes and livelihoods of 500,000 smallholder farmers by 2023. This will be achieved by transitioning these smallholder farmers to profitable commercial farmers through the provision of a holistic set of services. These enhanced, high quality and cost-effective services include training, financial services, agricultural inputs and marketing services.
The Dakkada Business Forum puts their members first, its driven by its mission and committed to continuous improvement and search for knowledge, then most importantly is building of a network of trust amongst members.
Our Members
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| Some Members Of The Cooperative During A Training Session Held Recently In Uyo. |
Dakkada Business Forum comprises enterprising smallholder farmers and businessmen located in Akwa Ibom. Members are committed to transitioning their farm operation, regardless of size, into commercial enterprises. Working in partnership with the Forum, members utilize the newest agricultural technologies while adopting agricultural best practices. In addition, due to their access to continuous training and development, they work on improving their leadership and managerial skills with the goal of improving their farm operations.
Dakkada Business Forum members have and continue to achieve great success due to a comprehensive suite of end-to-end services aimed at increasing agricultural productivity, yields, income, profit and livelihoods.
Expected Outcomes
The Dakkada Business Forum Key performance indicators will be analyzed using the Impact, Sustainability and Scalability metrics below
Impact
Increase in Net Income of Smallholder farmers by 300% within 1 year
35,000 Rural Men, Women and Children Provided with Access to Healthy food per annum
6000 Ha of Land under sustainable cultivation
Sustainability
* Successful disbursement of 8000 Profitable Loans
* 99.9% Loan Repayment rate
Scalability
* 50% growth rate per annum
* 500,000 Farmers targeted by 2023
Expected Outcomes
The Dakkada Business Forum Key performance indicators will be analyzed using the Impact, Sustainability and Scalability metrics below
Impact
Increase in Net Income of Smallholder farmers by 300% within 1 year
35,000 Rural Men, Women and Children Provided with Access to Healthy food per annum
6000 Ha of Land under sustainable cultivation
Sustainability
* Successful disbursement of 8000 Profitable Loans
* 99.9% Loan Repayment rate
Scalability
* 50% growth rate per annum
* 500,000 Farmers targeted by 2023
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