A Brief Survey of the Literature on Microfinance and Agriculture
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Date
2012-06
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Ghana Social Science Journal
Abstract
The factors that affect agrarian transformation are complex and often interrelated.
Access to financial services is an important input necessary for such
transformation. A type of financial service that has become of increasing
importance to farmers is microfinance. An important question concerns the
role that microfinance initiatives have played regarding the development of
agriculture in developing countries, especially those in Africa. This brief
literature review suggests that while microfinance may have had some positive
impacts on agricultural development and transformation, it has not been the
panacea for the myriad of problems facing farmers and the rural poor.
Description
Ghana Social Science Journal, 9(1) 73-94
Keywords
Africa, Agriculture, Credit, Microfinance, Rural development