Towards an Appropriate Financial System for Rural Transformation in Uganda

Rural transformatmn that embraces an agrarian revolution requires self-sustained capital accumulation plus people's participation in the development process. A system of people's rural development banks constitutes an appropriate fmancial system for rural transformation since it involves the above two conditions. A pilot project in one district of Uganda shows that a nationwide system of people's banks would almost double deposits, multiply the volume of credit several-fold, and dehver the necessary technical assistance to rural producers. Its considerable quantitative and qualitative impacts on the rural economy justify immediate attention to this vital rural development programme.


Issue Date:
1987
Publication Type:
Conference Paper/ Presentation
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/197425
PURL Identifier:
http://purl.umn.edu/197425
Page range:
236-244
Total Pages:
9




 Record created 2017-04-01, last modified 2020-10-28

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