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Financing the development of poor communities in the Northern Cape of South Africa - an analytical framework for the study of livestock banks

Financing the development of poor communities in the Northern Cape of South Africa - an analytical framework for the study of livestock banks

Marr, Ana (2009) Financing the development of poor communities in the Northern Cape of South Africa - an analytical framework for the study of livestock banks. Journal of Economic and Financial Sciences, 3 (1). pp. 9-30. ISSN 1995-7076

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Abstract

This paper is part of a major project about the Northern Cape Land Reform and Advocacy (NCLRA) programme being implemented by FARM-Africa* in South Africa. The NCLRA programme had initiated a financial mechanism to help poor communities to get access to finance and training in order to enable them to make better use of their newly-acquired land. One prominent aspect of the programme is the implementation of Livestock Banks, or the use of animals as financial products. The paper provides an analytical framework with which to evaluate the effectiveness of Livestock Banks in the poor communities of the Northern Cape in South Africa. It focuses on the design, implementation and future of Livestock Banks. The paper argues that Livestock Banks need to be reformed and enhanced if they are to continue to play a key role in the goal of creating financial and economic value in Africa, particularly when the primary objective is simultaneously to help reduce poverty.
[Note]*FARM-Africa (Food & Agricultural Research Management) is a registered UK charity organisation and a company limited by guarantee in England and Wales no. 01926828.

Item Type: Article
Additional Information: Paper previously presented at the Value 2008 Conference, held 26-28 May 2008, Sun City, North West Province, South Africa. Value 2008 was the 2nd Biennial Conference and was organised by the Faculty of Economic and Financial Sciences, University of Johannesburg (see http://gala.gre.ac.uk/2706/).
Uncontrolled Keywords: microfinance, community development, financial market development, poverty alleviation, innovative finance for the poor
Subjects: H Social Sciences > HC Economic History and Conditions
D History General and Old World > DT Africa
Faculty / Department / Research Group: Faculty of Business > Department of International Business & Economics
Faculty of Engineering & Science > Natural Resources Institute
Faculty of Engineering & Science > Natural Resources Institute > Food & Markets Department
Related URLs:
Last Modified: 14 Oct 2016 09:04
Selected for GREAT 2016: None
Selected for GREAT 2017: None
Selected for GREAT 2018: None
URI: http://gala.gre.ac.uk/id/eprint/1731

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