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Income-Generating Activities - Action Against Hunger

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Field handbook • Scientific and Technical Department<br />

<strong>Income</strong> <strong>Generating</strong> <strong>Activities</strong>: Any type of activity that enables a person or a household<br />

to generate revenue. <strong>Income</strong>s generating activities are important in terms of<br />

creating sustainability and improving accessibility to basic food and non-food products.<br />

Indicator: A measurement that shows the changes or the results of an observed activity.<br />

(Euronaid, 2002).<br />

Informal economy: Part of the economic activity that is not seen in statistical or fiscal<br />

records.<br />

Livelihood: The combination of all activities carried out in relation to the available resources<br />

that allow a family to cover their needs, to continue surviving and to develop.<br />

Logical framework: The logical framework is a tool for programme planning. It presents,<br />

in a matrix form, the relationship between the programme’s overall objective,<br />

the specific objectives, the expected results and the activities. For each of<br />

these, the following must be specified: objectively verifiable indicators, sources<br />

of verification and assumptions or external factors. The inputs (costs and resources)<br />

are also included. The LFA serves as a basis for the proposal.<br />

Micro business: Small business with limited production systems, financial sources and<br />

labour. The production is often small-scale and can be industrial, agricultural or<br />

service oriented.<br />

Micro credit: Small loans given to people with scarce resources and without access to<br />

commercial banks. In general these funds are directed towards financing activities<br />

of self-employment that encourage the economic self-sufficiency of the vulnerable<br />

population.<br />

Micro finance: Sector dedicated to offering financial services to the vulnerable population,<br />

including credit, savings and other services such as leasing.<br />

Monitoring: Monitoring is the continual process of data collection and analysis, which<br />

should take place as the project is being implemented. It is based on indicators<br />

that are collected regularly. The actual progress is compared to the planned outcomes<br />

and activities, in order to identify necessary remedial actions.<br />

Moral hazard: Refers to situations in which one side of the market cannot recognise<br />

the type or the quality of the goods of the other.<br />

Participative Approach: All methodologies that are based on the participation of the<br />

local population. With this focus the aim is to promote work with the population,<br />

in this way we can identify the priorities and problems of the population and propose<br />

suitable solutions.<br />

Process of de-capitalisation: Occurs when the coping strategies, or adaptation strategies,<br />

put into practice by vulnerable families bring about a loss of productive assets<br />

and for that reason threaten the productive capacity of the family.<br />

INCOME GENERATING ACTIVITIES: A KEY CONCEPT IN SUSTAINABLE FOOD SECURTIY<br />

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