Microfinance in Agricultural Sector: Selected Issues, Development Effects and Perspectives

Abstract

Microfinance has been universal tool for supporting wellbeing developing and transition economies. Agriculture became a target sector for microcredit as a needy and important area of an economy. This article studies the current role and architecture of microfinance services for agriculture, and examines the development impact. Policy-oriented recommendations and scientifically-rooted proposals for further improvement are also provided.

Keywords: microfinance, agriculture, developing country.