Completed Project Report


Financial Planning for Hmong Fresh Market Growers

  • Award Amount: $23,324
  • Regional Center: North Central Extension Risk Management Education Center
  • Grant Program: 2011 Unrestricted Grants
  • Project Director: Kathy Schmitt
  • Email: kathy.schmitt@wi.gov
  • Organization: WI Dept. of Agriculture, Trade & Consumer Protection

Extension RME Regional Centers
Extension Risk Management Education Region Map

Project Overview

This two - part project immersed five underserved farmers in financial risk management education and trained five more underserved farmers to become mentors. Five Hmong fresh market vegetable growers participated in four training sessions with individual follow up. Participants learned to file receipts following Schedule F categories, learned how to track income and completed an earnings report based on sample records. They were introduced to how to calculate cost of production. Participants were recruited through the Fondy Farm incubator. Training & follow up was supported by farm incubator staff and a DATCP Hmong outreach specialist. The five mentor trainees participated in a two-day training with an emphasis on teaching financial records in their community. They will each mentor at least two more Hmong farmers the next growing season. Mentors received a modest stipend for their efforts in this pilot. Evaluation will continue after the grant closes.

Number of Participants: 10

Outcomes

Project Steps

PROMOTIONAL MATERIALS

There are no promotional materials available for this project.

EDUCATIONAL MATERIALS

There are no educational materials available for this project.

REPORTS & EVALUATIONS

There are no reports or evaluations available for this project.

DELIVERY AREA

DESCRIBE ANY UNEXPECTED RESULTS OF THE PROJECT:

HOW WOULD YOU IMPROVE THE PROJECT IF YOU WERE TO DO IT AGAIN?

WHAT WERE THE KEYS TO SUCCESS FOR YOUR PARTICIPANTS?

INDIVIDUAL STORIES / EXAMPLES OF SUCCESS / QUOTES