Financial security is crucial to entrepreneurship as it is a determinant that keeps an entrepreneur in and out of business, therefore, small and medium scale entrepreneurs such as daily earners try as much as possible to secure their finance as they entrust their daily earnings into thrift which has overtime being their verified means of savings. However, this medium is barely beneficial as it is a ‘’collect-what-you-saved’’ system of financial security which comes with little or less benefits more so, the thrift custodian gets entitled to at least 1% of the whole savings which leaves them at a little loss. Furthermore, financial security is far beyond mere daily savings, in its real sense, it should come in a dimension that secures the business of the entrepreneur in all sphere. Dimension such as profits from daily savings, insurance (which covers for their life and medical wellbeing) as well as opportunities to loan acquisition.

As a way of creating a venture that secures the business of daily earners through their finance, FarmKonnect Nigeria PLC – an Agribusiness Company, the first Agricultural Real Estate in Nigeria and the first firm to establish an Agricultural Electronic Extension Service Center in Nigeria as well as establish an Institute for Data collection and analysis with inherent values and insight to serve farmers, agricultural extension workers and coporate learners has keyed into the sustainable development goals to promote food security and sustainable Agricultural practices in Africa has established an initiative named AFIDE – an acronym which means Agricultural and Financial Inclusion of Daily Earners; a project that aims at improving lives and conditions of daily earners as they put their daily earnings into agriculture while they make profits and their contributions creates an avenue for them to benefit from life insurance that covers for accident and also the financial security to acquire loans from Banks in partnership with AFIDE under the supervision of FarmKonnect Nigeria that provides them corporate guarantee.

Financial security is very essential in trade business and it is important that every small and medium scale business improves and become very much sustainable in other to achieve an advanced standard of living. In conclusion, The AFIDE cooperative model helps to better the lives of daily earners through the inclusion of their funds in the national economy via agriculture in other to achieve food security and zero hunger while they earn sustainable income from modern day agriculture engineered by FarmKonnect Nigeria PLC.

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