Title:
Unlocking funding opportunities for farmers through grassroots savings and credit cooperatives (SACCOS)
Authors:
Chipembere, R.
Place:
[The Hague]
Publisher:
SNV
Year:
2009
Series Title:
Case studies
PAGE:
7
Language:
eng
Subject:
Agriculture and Rural Development
Keywords:
rural development
,
governance
,
finance
,
credit
Abstract:
The financial sector in Mozambique is very underdeveloped especially with regards to its outreach in rural areas, mainly because of the conservative nature of banks and the expensive financial products that are inaccessible for small farmers. Through improved engagement with the banks and the development support of SACCOs (Saving and Credit Cooperatives), SNV aims to improve outreach and availability of suitable rural financial products to the sector. This will result in increased investment from producers. SNV believes access to finance and support to value chain financing is a key to poverty reduction through sustainable economic growth in production, income and employment. This report discusses the work of SNV in Mozambique, the outcome, expected impact and lessons learned.
Organization:
SNV - Netherlands Development Organisation
Country:
Mozambique
Region:
East Africa
Category:
Practice
Right:
© 2009 SNV
Document type:
Report
File:
171492.pdf