Participatory forest management (PFM) is a multi -stakeholder approach where the private sector, institutions and communities are involved in management of forests and sharing benefits that accrue from forest management process. Conservation without local participation is doomed to failure. Diversifying income source is an important strategy for the maintenance of sustainable livelihoods among rural communities. Furthermore, diversifying rural household income plays a paramount role in improving rural livelihood and forest conservation by minimizing high dependence of wood forest extraction...