RURAL FINANCING FOR ECONOMIC DEVELOPMENT IN AFRICA: CONTEXT AND REALITY

Olatunji Shobande

Annals of University of Craiova - Economic Sciences Series, 2018, vol. 1, issue 46, 39-43

Abstract: The rural home is the center of extreme poverty in Africa. Thus, increasing access to finance is not only a prerequisite for enhancing economic transformation but provide opportunity for agricultural development and financial inclusion of the poor. Base on the identifies constrained to rural financing, this study recommends that improving financial literacy and creating access to financial resource is crucial for realising the potential of rural farmer in other to contribute effectively to economic development in Africa.

Keywords: Village bank; financing; rural poor; Africa. (search for similar items in EconPapers)
JEL-codes: B21 D02 D04 R51 (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:aio:aucsse:v:1:y:2018:i:46:p:39-43

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