Rural banking for rural development in Zimbabwe

Rural poverty and underdevelopment in Zimbabwe are a result of colonialism, which emphasized urban development at the expense of rural development. The new political dispensation in the country has shifted towards improving the lives of people who reside in the rural areas. Despite a po...

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Main Authors: Matunhu, Jephias, Mago, Stephen
Format: Article
Language:English
Published: Kamla-Raj 2016
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Online Access:http://www.krepublishers.com/02-Journals/T%20&%20T/T%20&%20T-11-0-000-13-Web/T%20&%20T-11-1-000-13-ABST-PDF/S-T&T-11-1-043-13-297-Matunhu-J/S-T&T-11-1-043-13-297-Matunhu-J-Tt.pdf
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author Matunhu, Jephias
Mago, Stephen
author_facet Matunhu, Jephias
Mago, Stephen
author_sort Matunhu, Jephias
collection DSpace
description Rural poverty and underdevelopment in Zimbabwe are a result of colonialism, which emphasized urban development at the expense of rural development. The new political dispensation in the country has shifted towards improving the lives of people who reside in the rural areas. Despite a positive policy shift by President Mugabe’s government, the lack of finance remains one of the fundamental issues in rural development. The study investigated the opportunities and challenges for establishing rural banks in the country. This desktop research collected data from literature on rural development and financial intermediation. The findings of the study are that opportunities and challenges for establishing rural banks in Zimbabwe are social, political and economic in nature. Despite the challenges, rural banking deserves support from civil society , government and non-governmental organizations.
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spelling ir-11408-12642022-06-27T13:49:06Z Rural banking for rural development in Zimbabwe Matunhu, Jephias Mago, Stephen Rural. Bank. Development. Zimbabwe Rural poverty and underdevelopment in Zimbabwe are a result of colonialism, which emphasized urban development at the expense of rural development. The new political dispensation in the country has shifted towards improving the lives of people who reside in the rural areas. Despite a positive policy shift by President Mugabe’s government, the lack of finance remains one of the fundamental issues in rural development. The study investigated the opportunities and challenges for establishing rural banks in the country. This desktop research collected data from literature on rural development and financial intermediation. The findings of the study are that opportunities and challenges for establishing rural banks in Zimbabwe are social, political and economic in nature. Despite the challenges, rural banking deserves support from civil society , government and non-governmental organizations. 2016-05-08T13:38:11Z 2016-05-08T13:38:11Z 2013 Article 1564-068X http://www.krepublishers.com/02-Journals/T%20&%20T/T%20&%20T-11-0-000-13-Web/T%20&%20T-11-1-000-13-ABST-PDF/S-T&T-11-1-043-13-297-Matunhu-J/S-T&T-11-1-043-13-297-Matunhu-J-Tt.pdf en Studies of Tribes Tribals;Vol. 11, No 1; p.43-48 none Kamla-Raj
spellingShingle Rural. Bank. Development. Zimbabwe
Matunhu, Jephias
Mago, Stephen
Rural banking for rural development in Zimbabwe
title Rural banking for rural development in Zimbabwe
title_full Rural banking for rural development in Zimbabwe
title_fullStr Rural banking for rural development in Zimbabwe
title_full_unstemmed Rural banking for rural development in Zimbabwe
title_short Rural banking for rural development in Zimbabwe
title_sort rural banking for rural development in zimbabwe
topic Rural. Bank. Development. Zimbabwe
url http://www.krepublishers.com/02-Journals/T%20&%20T/T%20&%20T-11-0-000-13-Web/T%20&%20T-11-1-000-13-ABST-PDF/S-T&T-11-1-043-13-297-Matunhu-J/S-T&T-11-1-043-13-297-Matunhu-J-Tt.pdf
work_keys_str_mv AT matunhujephias ruralbankingforruraldevelopmentinzimbabwe
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