African Knowledge Base(AKB) Platform
Integrated Essential Digital Resources on Africa

Financial Services for Developing Small-Scale Irrigation in Sub-Saharan Africa

There are no files associated with this item.
Appears in Collections:
World Bank (WB)

Abstract: Food insecurity and income poverty are rampant in Sub-Saharan Africa. Thirty-one percent of children under the age of five are malnourished and some 72 percent of the population lives on less than US$2 day. Forty-one percent lives on less than US$1 day. The impoverished and hungry are concentrated disproportionately in rural areas and rely mainly on the consumption and sale of agricultural produce for their food and income. Africa has experienced increasing dependency on food imports that its countries cannot afford. Yet an estimated 700,000 hectares of arable land in Africa remains uncultivated. It is land that could become productive through small-scale irrigation using basic technology to draw on small-water resources, such as tube wells, and dambos. The technologies can be applied to cultivate smallholder plots of up to five hectares. Employing them will enable up to 4 million low-income households to intensify agricultural production and increase productivity. Small-scale irrigation can increase agricultural productivity and production, thus contributing to economic growth in rural areas and increased well-being among small holder farmers. Its potential to increase and stabilize food supply is especially important in light of the ongoing food crisis, and especially in Africa. Expanding the use of small-scale irrigation requires farmers to have access to financial services. The many constraints and obstacles that rural financial institutions in Africa confront must be purposefully navigated if financial services are to fulfill this role. Effectively tailoring financial services and products to support irrigation in different settings and among different client groups will be essential to success. Carefully targeting grant funding to the very poorest subsistence farmers and clearly separating it from lending will be likewise be critical to the sustainability of these financial services.
Type: Publications & Research :: Brief
Publications & Research
Link: http://hdl.handle.net/10986/9503
Subject: ACCESS TO CREDIT
ACCESS TO FINANCIAL SERVICES
ACCESS TO SERVICES
AGRICULTURAL PRODUCE
AGRICULTURAL PRODUCTION
AGRICULTURAL PRODUCTIVITY
ARABLE LAND
BANKS
BASIC INFRASTRUCTURE
BORROWING
BUYERS
CAPACITY BUILDING
CASH CROPS
CASH FLOW
COLLATERAL
COLLATERAL REQUIREMENTS
COMMERCIAL BANKS
COMMODITY
CONSUMER
CONSUMER MARKET
CONTRACT ENFORCEMENT
COOPERATIVES
CREDIT COOPERATIVES
CREDIT MARKET
CREDIT MARKET FAILURES
CREDIT MARKETS
CREDIT PROVIDERS
CREDIT RISKS
CURRENT ACCOUNTS
DELIVERY MECHANISMS
DEPOSITS
DROUGHT
ECONOMIC GROWTH
ENTREPRENEURS
EQUIPMENT
EXPORTERS
EXTREME POVERTY
FARM PRODUCTION
FARMING HOUSEHOLDS
FINANCIAL ASSISTANCE
FINANCIAL ILLITERACY
FINANCIAL INSTITUTION
FINANCIAL INSTITUTIONS
FINANCIAL INSTRUMENTS
FINANCIAL INTERMEDIARIES
FINANCIAL PRODUCTS
FINANCIAL SERVICE
FINANCIAL SERVICES
FINANCIAL SUPPORT
FINANCIAL SYSTEMS
FINANCIAL VIABILITY
FLEXIBLE REPAYMENT
FOOD IMPORTS
FOOD INSECURITY
FOOD SECURITY
FOOD SUPPLY
FUNDING SOURCES
GRANT FUNDING
GROUP LENDING
HOUSEHOLDS
INCOME
INCOME POVERTY
INCOMES
INDIVIDUAL COLLATERAL
INSURANCE
INSURANCE PRODUCTS
INSURANCE SERVICES
INTEREST RATES
INTERNATIONAL DEBATE
INTERNATIONAL DEVELOPMENT
INVESTING
INVESTMENT LOANS
LEGAL FRAMEWORKS
LENDERS
LIMITED ACCESS
LIQUIDITY
LOAN
LOAN AMOUNTS
LOAN TERMS
LOW-INCOME
LOW-INCOME CUSTOMERS
LOWER INCOME
MACROECONOMIC POLICIES
MARKET ENVIRONMENT
MARKET MECHANISMS
MARKETING
MICRO-ENTREPRENEURS
MICRO-LENDING
MICROFINANCE
MICROFINANCE INSTITUTIONS
NUTRITION
OUTREACH
OVERHEAD COSTS
POOR LIVING
PRODUCTIVE CAPITAL
REMOTE AREAS
RURAL
RURAL AREAS
RURAL DEVELOPMENT
RURAL FINANCE
RURAL FINANCE INSTITUTIONS
RURAL FINANCIAL INSTITUTIONS
RURAL POOR
SALE
SAVINGS
SMALL-SCALE IRRIGATION
SMALLHOLDER
SMALLHOLDER FARMERS
SMALLHOLDER FARMING
SMALLHOLDERS
START-UP
SUB-SAHARAN AFRICA
SUBSISTENCE
SUBSISTENCE FARMERS
TARGETING
TECHNICAL SUPPORT
TRANSACTION
TRANSACTION COSTS
TRANSPARENCY
WORKING CAPITAL
WORTH




Country City Visitors