IDEAS home Printed from https://ideas.repec.org/p/ags/eprcrs/184167.html
   My bibliography  Save this paper

Access and Use of Credit in Uganda: Unlocking the Dilemma of Financing Small Holder Farmers

Author

Listed:
  • Ezra, Munyambonera
  • Annet, Adong
  • Musa Mayanja, Lwanga

Abstract

The paper examines the extent of access and use of credit by small holder farmers in Uganda. Despite several interventions in agricultural financing by government, access to credit by smallholder farmers has remained very low and stagnating over the years. The paper reviews information from the various agricultural financing initiatives government has implemented over the years including Prosperity for All (PSA) of 2008, the National Agricultural Advisory Services (2001), Entandikwa Scheme (1996), the recent Agricultural Credit Facility (ACF) and Microfinance Support Centre (MSCL), among others. It uses the Uganda Census of Agriculture dataset collected in 2008/09 to provide some insights on access to credit by agricultural households and examines two successful models of Centenary Rural Financing Scheme and Uganda Cooperative Alliance-Area Cooperative Enterprise (ACE) in promoting access to financial services to the rural poor. The findings of the review suggest that if government is to succeed in promoting access to financial services by small holder farmers, it needs to establish strong institutional frameworks for agricultural financing as well as explore the possibility of setting up a rural or agricultural development bank

Suggested Citation

  • Ezra, Munyambonera & Annet, Adong & Musa Mayanja, Lwanga, 2013. "Access and Use of Credit in Uganda: Unlocking the Dilemma of Financing Small Holder Farmers," Research Series 184167, Economic Policy Research Centre (EPRC).
    • Handle: RePEc:ags:eprcrs:184167
    DOI: 10.22004/ag.econ.184167
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/184167/files/109%20Access%20and%20Use%20of%20Credit%20in%20Uganda%20-%20Unlocking%20the%20Dilemma%20of%20Financing%20-%20series109.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.184167?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Stijn Claessens, 2006. "Access to Financial Services: A Review of the Issues and Public Policy Objectives," The World Bank Research Observer, World Bank, vol. 21(2), pages 207-240.
    2. Thorsten Beck & Asli Demirgüç-Kunt, 2008. "Access to Finance: An Unfinished Agenda," The World Bank Economic Review, World Bank, vol. 22(3), pages 383-396, November.
    3. Beck, Thorsten & Demirguc-Kunt, Asli & Martinez Peria, Maria Soledad, 2007. "Reaching out: Access to and use of banking services across countries," Journal of Financial Economics, Elsevier, vol. 85(1), pages 234-266, July.
    4. F.N. Okurut & A. Schoombee & S. Van Der Berg, 2005. "Credit Demand And Credit Rationing In The Informal Financial Sector In Uganda1," South African Journal of Economics, Economic Society of South Africa, vol. 73(3), pages 482-497, September.
    5. Asli Demirguc-Kunt & Ross Levine (ed.), 2004. "Financial Structure and Economic Growth: A Cross-Country Comparison of Banks, Markets, and Development," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262541793, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Lakuma, Corti Paul & Sserunjogi, Brian, 2018. "The Value Added Tax (VAT) analysis for Uganda," Research Series 280622, Economic Policy Research Centre (EPRC).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Zibei Chen & Minchao Jin, 2017. "Financial Inclusion in China: Use of Credit," Journal of Family and Economic Issues, Springer, vol. 38(4), pages 528-540, December.
    2. Una Okonkwo Osili & Anna L. Paulson, 2006. "What can we learn about financial access from U.S. immigrants?," Working Paper Series WP-06-25, Federal Reserve Bank of Chicago.
    3. N'dri, Lasme Mathieu & Kakinaka, Makoto, 2020. "Financial inclusion, mobile money, and individual welfare: The case of Burkina Faso," Telecommunications Policy, Elsevier, vol. 44(3).
    4. Wonhyung Lee & Nurul Widyaningrum, 2019. "Multidimensional access to financial services: Insights from Indonesia," Progress in Development Studies, , vol. 19(1), pages 21-35, January.
    5. Kara, Alper & Zhou, Haoyong & Zhou, Yifan, 2021. "Achieving the United Nations' sustainable development goals through financial inclusion: A systematic literature review of access to finance across the globe," International Review of Financial Analysis, Elsevier, vol. 77(C).
    6. D’Onofrio, Alexandra & Minetti, Raoul & Murro, Pierluigi, 2019. "Banking development, socioeconomic structure and income inequality," Journal of Economic Behavior & Organization, Elsevier, vol. 157(C), pages 428-451.
    7. Morgan, Horatio M., 2013. "Financial Development and Economic Growth: New Lessons from Small Open Economies," MPRA Paper 49842, University Library of Munich, Germany.
    8. Robert Cull & Kinnon Scott, 2010. "Measuring Household Usage of Financial Services: Does it Matter How or Whom You Ask?," The World Bank Economic Review, World Bank, vol. 24(2), pages 199-233, April.
    9. Olaniyi Evans & Olaniyi Lawanson, 2017. "A Multi-Sectoral Study of Financial Inclusion and Economic Output in Nigeria," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 195-204, June.
    10. Beck, Thorsten & de la Torre, Augusto, 2006. "The basic analytics of access to financial services," Policy Research Working Paper Series 4026, The World Bank.
    11. Philip Kostov & Thankom Arun & Samuel Annim, 2014. "Financial Services to the Unbanked: the case of the Mzansi intervention in South Africa," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 8(2), June.
    12. Solomon Y. Deku & Alper Kara & Philip Molyneux, 2016. "Access to consumer credit in the UK," The European Journal of Finance, Taylor & Francis Journals, vol. 22(10), pages 941-964, August.
    13. Sumit Agarwal & Abhiroop Mukherjee & S Lakshmi Naaraayanan, 2019. "Roads and Loans," HKUST IEMS Working Paper Series 2019-61, HKUST Institute for Emerging Market Studies, revised May 2019.
    14. Ghosh, Saibal, 2016. "Does mobile telephony spur growth? Evidence from Indian states," Telecommunications Policy, Elsevier, vol. 40(10), pages 1020-1031.
    15. International Monetary Fund, 2007. "Cameroon: Selected Issues," IMF Staff Country Reports 2007/287, International Monetary Fund.
    16. Tyler Girard, 2020. "Bank Accounts for All: How Do State Policies Matter?," Journal of International Development, John Wiley & Sons, Ltd., vol. 32(5), pages 793-818, July.
    17. Hainz, Christa & Nabokin, Tatjana, 2009. "Access to versus Use of Loans: What are the True Determinants of Access?," Proceedings of the German Development Economics Conference, Frankfurt a.M. 2009 12, Verein für Socialpolitik, Research Committee Development Economics.
    18. Ann L. Owen & Javier M. Pereira, 2018. "Bank concentration, competition, and financial inclusion," Review of Development Finance Journal, Chartered Institute of Development Finance, vol. 8(1), pages 1-17.
    19. Bumann, Silke & Lensink, Robert, 2016. "Capital account liberalization and income inequality," Journal of International Money and Finance, Elsevier, vol. 61(C), pages 143-162.
    20. Stix, Helmut, 2013. "Why do people save in cash? Distrust, memories of banking crises, weak institutions and dollarization," Journal of Banking & Finance, Elsevier, vol. 37(11), pages 4087-4106.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:eprcrs:184167. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/eprccug.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.