Feast and Famine: Financial Services for Rural Kenya

The paper gives a brief description of the history and main institutional forms in the agricultural and rural financial services sector–commercial banks, the micro-finance industry, savings and credit cooperative societies, village banks, building societies and the Agricultural Finance Corporation. It ends by raising some of the issues that need to be addressed as we begin to deal with the institutional and regulatory framework for the subsector including the cost of funds and the array of existing policy and legislative proposals on the table. The main argument of the paper is that we need to step back and undertake a comprehensive assessment of the sector before government passes new laws, or spends public money in unproductive ways. The paper proposes that the agriculture sector ministries should play a leading role in pushing for that comprehensive assessment.


Issue Date:
2004
Publication Type:
Working or Discussion Paper
PURL Identifier:
http://purl.umn.edu/55160
Total Pages:
38
JEL Codes:
Q18
Series Statement:
Egerton University, Tegemeo Institute of Agricultural Policy and Development Working Paper
12




 Record created 2017-04-01, last modified 2017-04-04

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