Download or read book Risk Contingent Credit RCC Assessing smallholders agricultural credit needs and the feasibility of implementing RCC in Ethiopia written by Timu, Anne G. and published by Intl Food Policy Res Inst. This book was released on 2023-07-20 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt: Agricultural credit is an important instrument for improving the welfare of farm households and their resilience to weather-related shocks. Farm households with access to credit can over come liquidity constraints and undertake investment in new production technologies such as improved seeds and machinery. This investment can boost farm production, food security, incomes, employment opportunities, and overall household welfare. However, in many low- and middle-income countries (LMICs), credit market imperfections pose a challenge to both the supply of agricultural credit and farmers’ use of credit (Marjit and Mishra 2020). Even when the credit infrastructure is relatively well-developed, smallholder farmers in LMICs remain largely underserved (Karlan and Morduch 2010; McIntosh et al. 2013).
Download or read book RISK CONTINGENT CREDIT RCC ASSESSING SMALLHOLDERS AGRICULTURAL CREDIT NEEDS AND THE FEASIBILITY OF IMPLEMENTING RCC IN ETHIOPIA written by Anne G. Timu and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Risk Contingent Credit RCC written by Anne Timu and published by . This book was released on 2023-07-31 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book RISK CONTINGENT CREDIT written by Anne G. Timu and published by . This book was released on with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Feasibility of implementing a Risk Contingent Credit RCC program in Zambia Stakeholder engagement written by Timu, Anne G. and published by Intl Food Policy Res Inst. This book was released on 2023-10-31 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt: Changes in frequency and intensity of climate and weather events are a key challenge to agricultural production among farmers in Zambia. Climate variability reduces farm productivity, which in turn contributes to household food insecurity, income variability, and reduced overall economic growth. Using improved technologies such as mechanization, improved seed varieties, irrigation, and fertilizer can improve climate resilience and farm production among smallholder farmers. However, in Zambia, as in many countries in sub-Saharan Africa, most famers lack sufficient access to credit to purchase these technologies. Limited access to credit is mainly attributed to lack of collateral, fear of losing collateral in case of a default, and low financial literacy among smallholder famers. Information asymmetry also makes it risky and expensive for lenders to serve smallholder farmers, thus they ration the quantity of credit offered and/or raise the interest rates making credit too expensive and inaccessible for millions of smallholder farmers. Bundling agricultural credit with insurance, commonly referred to as risk-contingent credit (RCC), provides a mechanism for addressing some of the credit access constraints faced by smallholder farmers in developing countries. RCC is a loan product that is bundled with an insurance component. RCC seeks to enhance long-term resilience to climate uncertainties by promoting optimal farm investment and productivity among smallholders through sustainable access to credit markets. Under RCC, qualifying smallholder farmers borrow funds for agricultural production from formal financial institutions such as banks and microfinance institutions with minimum collateral requirements. The borrower’s ability to repay the loan is linked to climate outcomes, which are highly correlated with farm productivity. An insurance company underwrites the climate risks (either in the form of drought or flood), such that if that underlying risk passes a certain threshold, the insurance is triggered and part or all of the borrower’s liability is transferred to the insurer. If the underlying risk remains below the threshold, the borrower repays the loan at the agreed upon interest rates and is also obligated to pay the insurance premium, as part of the loan repayment. Linking farmers’ loan repayment obligations to an underlying risk, as opposed to stringent collateral requirements, is expected to reduce the borrowing constraints faced by many poor farmers. At the same time, de-risking the lender by transferring a portion of risks to the insurance market is expected to promote credit supply, hence expanding the rural credit market.
Download or read book Are smallholder farmers credit constrained Evidence on demand and supply constraints of credit in Ethiopia and Tanzania written by Balana, Bedru and published by Intl Food Policy Res Inst. This book was released on 2020-11-13 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Credit constraint is considered by many as one of the key barriers to adoption of modern agricultural technologies, such as chemical fertilizer, improved seeds, and irrigation technologies, among smallholders. Past research and much policy discourse associates agricultural credit constraints with supply-side factors, such as limited access to credit sources or high costs of borrowing. However, demand-side factors, such as risk-aversion and financial illiteracy among borrowers, as well as high transaction costs, can also play important roles in credit-rationing for smallholders. Using primary survey data from Ethiopia and Tanzania, this study examines the nature of credit constraints facing smallholders and the factors that affect credit constraints. In addition, we assess whether credit constraints are gender-differentiated. Results show that demand-side credit constraints are at least as important as supply-side factors in both countries. Women are more likely to be credit constrained (from both the supply and demand sides) than men. Based on these findings, we suggest that policies should focus on addressing both supply- and demand-side credit constraints, including through targeted interventions to reduce risk, such as crop insurance and gender-sensitive policies to improve women’s access to credit.
Download or read book Evaluating the gendered credit constraints and uptake of an insurance linked credit product written by Timu, Anne G. and published by Intl Food Policy Res Inst. This book was released on 2023-12-21 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Smallholder farmers in low- and medium-income countries lack sufficient access to agricultural production credit that can help them adopt new technologies and improve their farm production. Compared to men, women smallholder farmers face additional social, and economic barriers that further limit their credit access. Bundling agricultural credit with insurance, or risk contingent credit (RCC), provides a mechanism for addressing some of the credit access constraints and reducing credit rationing among smallholder farmers. In this paper, we evaluate the gendered determinants of credit rationing and the gender differences of the effects of RCC innovation on credit uptake decisions. We use three-wave panel data from a randomized control trial (RCT) in Kenya. We find that female-headed households (FHH) are significantly more risk rationed (or demand-side credit constrained) compared to male-headed households (MHH), however, the gender of the household head does not significantly determine the household quantity rationing status (supply-side constrained). We also find that farmers randomly assigned to be offered the RCC are up to four percent more likely to take up credit. RCC’s impacts on credit uptake decisions do not vary with the gender of the household head, however, RCC has a differential positive and significant impact on the credit uptake decisions of farmers that were previously (at baseline) risk rationed. Based on these findings, we suggest that policies should focus on reducing gendered demand-side barriers to credit access, especially among poorer women households. Climate financing innovations such as RCC should also be designed and delivered in a gender-inclusive manner to accommodate women farmers who face time, liquidity, and financial literacy barriers.
Download or read book Are Smallholder Farmers Credit Constrained written by Bedru Babulo Balana and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Agricultural Credit Conditions Problems and Legislative Proposals Relating to the Farmers Home Administration the Farm Credit System and Commercial Farm Lenders written by United States. Congress. House. Committee on Agriculture. Subcommittee on Conservation, Credit, and Rural Development and published by . This book was released on 1988 with total page 876 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Making Integrated Food energy Systems Work for People and Climate written by Anne Bogdanski and published by Food & Agriculture Organization of the UN (FAO). This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A safe integration of food and energy production may be one of the best ways to improve national food and energy security and simultaneously reduce poverty in a climate smart way. This study on Integrated Food-Energy Systems (IFES) draws some lessons on constraints to scale up IFES and opportunities to overcome them from examples from Africa, Asia and Latin America as well as from some developed countries.
Download or read book Innovative risk management strategies in rural and agriculture finance written by Food and Agriculture Organization of the United Nations and published by Food & Agriculture Org.. This book was released on 2018-08-10 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: The regional study collects and analyzes recent innovative risk transfer and sharing strategies used by private or public financial institutions and enterprises leading agricultural investments in Asia. It makes an illustration of the channels through which recent strategies overcome obstacles for the delivery of various financial services to agribusinesses, such as long-term loans, savings, insurance, hedging instruments, and leasing. An explanation of the context in which these strategies seem to work is be provided in addition to those constraints that currently limit further outreach to the agribusiness sector, specially to smaller agro-enterprises with growth potential where poorer rural households participate.
Download or read book World Livestock 2011 written by Anni McLeod and published by Food & Agriculture Organization of the UN (FAO). This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although much has been said about livestock's role in achieving food security in reality, the subject has been only partially addressed and no current document fully covers the topic. Recognizing that food security is central to international development - and to the mandate of FAO - this report tells story of livestock and food security from three perspectives. It begins by presenting a global overview, examining the role that livestock play in human nutrition, the world food supply access to food particularly for poor families. Next it moves from the global level to a human perspective, examining the way in which livestock contributes to the food security of three different human populations-livestock-dependent societies, small-scale mixed farmers and urban dwellers. The final part of the report looks to the future. It discusses the expected demand for livestock source food and the way that increased demand can be met with ever more limited resources. It reviews the drivers that led to the livestock revolution, how these have changed and what the implications will be for livestock contributing to resilient food systems of the future. Book jacket.
Download or read book Determining Consumptive Use and Irrigation Water Requirements written by Harry French Blaney and published by . This book was released on 1962 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Contested Waterscapes in the Mekong Region written by François Molle and published by Earthscan. This book was released on 2012 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: The water resources of the Mekong river catchment area, from China, through Thailand, Cambodia and Laos to Vietnam, are increasingly contested. Governments, companies and banks are driving new investment in roads, dams, diversions, irrigation schemes, navigation facilities, power plants and other emblems of conventional "development." Their plans and interventions pose multiple burdens and risks to the livelihoods of millions of people dependent on wetlands, floodplains, fisheries and aquatic resources.
Download or read book Supply Chain Management for Sustainable Food Networks written by Eleftherios Iakovou and published by John Wiley & Sons. This book was released on 2016-01-19 with total page 335 pages. Available in PDF, EPUB and Kindle. Book excerpt: An interdisciplinary framework for managing sustainable agrifood supply chains Supply Chain Management for Sustainable Food Networks provides an up-to-date and interdisciplinary framework for designing and operating sustainable supply chains for agri-food products. Focus is given to decision-making procedures and methodologies enabling policy-makers, managers and practitioners to design and manage effectively sustainable agrifood supply chain networks. Authored by high profile researchers with global expertise in designing and operating sustainable supply chains in the agri-food industry, this book: Features the entire hierarchical decision-making process for managing sustainable agrifood supply chains. Covers knowledge-based farming, management of agricultural wastes, sustainability, green supply chain network design, safety, security and traceability, IT in agrifood supply chains, carbon footprint management, quality management, risk management and policy- making. Explores green supply chain management, sustainable knowledge-based farming, corporate social responsibility, environmental management and emerging trends in agri-food retail supply chain operations. Examines sustainable practices that are unique for agriculture as well as practices that already have been implemented in other industrial sectors such as green logistics and Corporate Social Responsibility (CSR). Supply Chain Management for Sustainable Food Networks provides a useful resource for researchers, practitioners, policy-makers, regulators and C-level executives that deal with strategic decision-making. Post-graduate students in the field of agriculture sciences, engineering, operations management, logistics and supply chain management will also benefit from this book.
Download or read book Seasonal Climate Forecasting and Managing Risk written by Alberto Troccoli and published by Springer Science & Business Media. This book was released on 2008-01-29 with total page 462 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally formed around a set of lectures presented at a NATO Advanced Study Institute (ASI), this book has grown to become organised and presented rather more as a textbook than as a standard "collection of proceedings". This therefore is the first unified reference ‘textbook’ in seasonal to interannual climate predictions and their practical uses. Written by some of the world’s leading experts, the book covers a rapidly-developing science of prime social concern.
Download or read book Industrial Development for the 21st Century written by David O'Connor and published by Zed Books. This book was released on 2008-06-01 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: With very few exceptions, industrial development has been central to the process of structural transformation which characterises economic development. Industrial Development for the 21st century examines the new challenges and opportunities arising from globalization, technological change and new international trade rules. The first part focuses on key sectors with potential for developing countries, focussing on two key themes. First, traditional points of entry for late industrializers - like textiles and clothing - have become even more intensely competitive than ever before, requiring more innovative adaptive strategies for success. Second, countries now recognize that manufacturing does not exhaust the opportunities for producing high value-added goods and services for international markets. Knowledge intensity is increasing across all spheres of economic activity, including agriculture and services, which can offer promising development paths for some developing countries. The final section addresses social and environmental aspects of industrial development. Labour-intensive, but not necessarily other patterns of industrial development can be highly effective in poverty reduction though further industrial progress may be less labour-intensive. A range of policies can promote industrial energy and materials efficiency, often with positive impacts on firms' financial performance as well as the environment. Promoting materials recycling and reuse is an effective, if indirect means of conserving resources. Finally, the growth of multinational interest in corporate social responsibility is traced, with consideration given to both the barriers and opportunities this can pose for developing country enterprises linked to global supply chains.
