@article{Manganhele:96811,
      recid = {96811},
      author = {Manganhele, Anina Trefina},
      title = {Why did the People’s Development Bank of Mozambique fail?  Lessons from successful government development banks from  Asia and Africa},
      address = {2010-09},
      number = {308-2016-5119},
      pages = {22},
      year = {2010},
      abstract = {Despite many decades of experimentation with supplier-led  approaches to credit in many
developing countries, limited  success has been achieved in terms of improving access  to
credit for smallholder farmers. In the case of  Mozambique, previous attempts by government
to improve  access to credit for farmers were not successful and the  government is looking for
more effective strategies. The  purpose of this study is to examine experiences in  other
developing countries in Africa and Asia. The study is  a multiple case studies selected from
Zimbabwe, Thailand  and Indonesia.
The data collection method comprised a  combination of primary collected through  in-depth
interviews with key informants and secondary  sources. The data analysis techniques
consisted of  searching for themes regarding successful strategies in  terms of dealing with
costs and risks of lending to  agriculture.
Lessons from these cases were drawn to shed  light on what the most effective intervention
strategy for  the Government of Mozambique could entail if it is to  succeed to improve access
to credit for smallholder  farmers. The study concludes that an alternative strategy  by the
government to improve access to credit for  smallholder farmers includes the re-establishment
of a  public rural bank. The study recommends that rural  financial institutions should adopt a
demand-driven  approach, and the fundos do fomento (special development  funds) need to be
reformed.},
      url = {http://ageconsearch.umn.edu/record/96811},
      doi = {https://doi.org/10.22004/ag.econ.96811},
}