Microfinance Serving Agriculture Supply Chain in Dapaong, Togo in Western Africa

Amandine Laré (), Malick Kana and Roland Condor ()
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Amandine Laré: Métis Lab EM Normandie - EM Normandie - École de Management de Normandie = EM Normandie Business School
Malick Kana: ULH - Université Le Havre Normandie - NU - Normandie Université
Roland Condor: Métis Lab EM Normandie - EM Normandie - École de Management de Normandie = EM Normandie Business School

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Abstract: This chapter examines the crucial importance of microfinance in the agricultural supply chains of developing countries. The study aims to determine the impact of microfinance on agricultural activities in Dapaong city in northern Togo. We used a case study approach by conducting semi-structured interviews with a representative group of 15 local farmers. We found that microfinance plays a key role in funding new projects and improving farmers' living and working conditions. However, agricultural financing is still limited due to the risks and specific challenges of rural areas. Additionally, microfinance hasn't yet helped farmers shift to more eco-friendly practices, as many still use chemical inputs. Consequently, microfinance does not fully contribute to the sustainability of global supply chains. Therefore, additional funds are necessary to enable this transition.

Date: 2024-12-27
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Published in Sneha Kumari, V. G. Venkatesh, K. K. Tripathy, Hemachandra Padhan and M.P. Sukumaran Nair (Eds). Sustaining the Global Agriculture Supply Chain, IGI Global, pp.317-334, 2024, Advances in Logistics, Operations, and Management Science, 9798369343302. ⟨10.4018/979-8-3693-4330-2.ch013⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04993569

DOI: 10.4018/979-8-3693-4330-2.ch013

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