Policy Briefs
Farmer Access to Formal Credit Institutions in Kassala, East Sudan: Determinants and Possible Ways Forward
No.
3
Date
September, 2015
Topic
Q1. Agriculture
In a nutshell
- Kassala state has abundant agricultural resources in terms of arable land and water, which suggests that agriculture provides the best opportunities for its economic development.
- Despite the availability of formal credit in Kassala, rural farmers lack adequate access to the formal agricultural credit they need; most of them obtain loans from the informal credit market.
- To improve the access of small farmers to formal credit, effective policy measures should be adopted, including: increasing awareness of farmers regarding effective utilization of credit and extending financial services in rural areas.
Research Associates
Ebaidalla Mahjoub Ebaidalla
Associate Professor, Faculty of Economic and Social...
