The Living Income
Community of Practice

Farm economic models are an incredibly useful tool to help think about what interventions are needed to improve smallholder incomes towards living incomes on the side of their farm as a business (considering that income may also be accumulated from other sources). Factors such as land tenure, workforce size, productivity etc. can be plugged in to these models and manipulated to see the influence farm income. This makes them a powerful decision making tool and can also be used retrospectively to think about how current interventions to improve incomes should be expecting to perform.