During the period of Nepal's ninth Five-Year Plan (1997–2002), agricultural growth in the predominantly rural society was disappointing. The recent peace process, however, gives the country new opportunities to develop its economy with less interference due to internal conflict. This research...

In agrarian developing countries the natural environment is a key determinant of both poverty and nutritional status. Climate, terrain, and soil characteristics drive the agricultural system, determining in large part cropping patterns, choice of crops, yield rates, and overall productivity...

Everywhere in the world, small agricultural producers are entrepreneurs, traders, investors, and consumers, all rolled into one. In all these roles, small agricultural households constantly seek to use available financial instruments to improve their productivity and secure the best possible...

It has been long hypothesized that lack of access to credit is the main reason why, despite higher profitability of High Yielding Varieties (HYVs), farmers in developing countries continue to allocate a portion of their land to traditional crop varieties. The empirical testing of this hypothesis...

This report presents information on the credit constraints that poor rural households face ... in nine countries of Asia and Africa (Bangladesh, Cameroon, China, Egypt, Ghana, Madagascar, Malawi, Nepal, and Pakistan). It uses this information to make the case for appropriate public intervention...

The question raised in the title is an important one to the microfinance sector, especially since the Microcredit Summit held in Washington, DC, in 1997. In order to gain more transparency on the depth of poverty outreach, the Consultative Group to Assist the Poorest (CGAP) supported research at...

These 14 policy briefs summarize lessons learned from IFPRI´s multicountry program on rural finance and household food security with regard to the poors' demand for financial services. The lessons are derived from detailed household surveys conducted in nine countries of Asia and Africa:...

In most developing countries, it is the private, informal markets that the rural poor have traditionally turned to service their financial needs. Why have these institutions succeeded in providing services to the poor when formal institutions have not? Do these informal institutions provide any...

Lending is a risky enterprise because repayment of loans can seldom be fully guaranteed. The failure of a large number of state-sponsored agricultural development banks in many developing countries was due, among other things, to their inability to ensure good repayment rates among their...

This brief considers the scope for policy action in seven areas: (1) regulation of microfinance institutions, (2) provision of saving services, (3) product innovation, (4) organizational issues in microfinance, (5) poverty impact of microfinance, (6) agricultural finance, and (7) subsidy and...