Agriculture Development through Credit Cooperatives in Uganda

This is an empirical study undertaken using logistical model to evaluate the microeconomic impact of rural finance extended through Savings and Credit Cooperative Organizations and, Microfinance institutions on agribusiness development in rural farming communities of Hoima and Masindi Districts in Uganda. Besides building strong social capital among farmers, agro-processors and distributors, these institutions have positive and significant impacts on agricultural development through microcredit loans. Using micro-econometric tool of Propensity Score Matching, the study revealed a significant difference between borrowers and non borrowers in terms of realized output, intermediated input usage and land acreage devoted for farming. These are suggested parameters of improved agricultural productivity and technology, hence agriculture development. This book is a timely evaluation for prospective rural entrepreneurs, academics, policy practitioners, government and agencies interested in rural finance. Curious readers would also find this literature enriching.