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    Rural financial markets: historical overview 1924-1991

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    Date
    2006
    Author
    Chimedza, Ruvimbo
    Type
    Book chapter
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    Abstract
    In the period 1980 to 1991, Zimbabwe’s commercial farming sector was serviced by a highly developed and regulated financial system. In contrast, the less developed rural sector was inadequately serviced by a poor formal financial system consisting of the Agricultural Finance Corporation (AFC) credit scheme and building societies, or had to depend on informal financial institutions. Table 14.1 shows that only 16.5 per cent of all building society outlets were located in communal lands where 70 per cent of the country’s total population resided. The distribution of commercial banks also followed a similar pattern. Only 14 out of a total of 69 branches, sub-branches and agencies of Barclays Bank, for example, were in rural areas.
    Full Text Links
    Chimedza, R. (2006) Rural financial markets: historical overview 1924-1991. In: Rukuni, M., Tawonezvi, P. and Eicher, C. (eds.) Zimbabwe's Agricultural Revolution Revisited. UZ, Mt. Pleasant, Harare: UZ Publications, pp. 321-338.
    0869241419
    http://opendocs.ids.ac.uk/opendocs/handle/123456789/7038
    URI
    http://hdl.handle.net/10646/2496
    Publisher
    University of Zimbabwe (UZ) Publications.
    Subject
    Agriculture
    Finance
    Rural Development
    xmlui.dri2xhtml.METS-1.0.item-rights
    http://creativecommons.org/licenses/by-nc-nd/3.0/

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