Year of publication 1999

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Product type Book (stand-alone)

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Series title Agricultural Finance Revisited

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Edition 1

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Synopsis (short abstract) There is no lending without financial resources. Loans to agriculture can be financed by different sources of funds such as farmer household savings, capital markets, equity, budget allocations of the government, central bank refinance facilities and international borrowing. All these various funds, some of which are highly political, have different implications on the fund management, performance and autonomy of financial institutions. Public funds increase the vulnerability of fina ncial institutions to government interference in their daily management and operations. Savings deposits and other short-term funds require highly sophisticated fund management when they are used for agricultural lending with its specific seasonal or long-term patterns. Capital market funds are costly to raise and only available for well performing financial institutions.

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Language English

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Also available in:

• French
• Spanish

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