Simonetti, Roberto; Wuyts, Marc and Wuyts-Fivawo, Anna
(2007).
| URL: | http://www.tandf.co.uk/journals/titles/09578811.as... |
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| DOI (Digital Object Identifier) Link: | http://dx.doi.org/doi:10.1080/09578810601144392 |
| Google Scholar: | Look up in Google Scholar |
Abstract
Coordination failures due to the absence of markets are a key constraint to the development of rural production in low-income countries. This paper shows how GAPI, a domestic financial institution in Mozambique, has contributed to poverty reduction through successful industrial ventures. GAPI’s innovative lending strategy is based on the integration of supply of credit with the active improvement of the borrowers’ ability to repay loans through the provision of business services, a value-chain approach to lending that focuses on the viability of whole networks of producers, and partnerships with non-market institutions that provide centres of specific competencies
| Item Type: | Journal Article |
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| ISSN: | 1743-9728 |
| Extra Information: | The article is based on research commissioned and funded by UNCTAD, which resulted in a background report that was used in the 2006 Least Developed Countries Report |
| Keywords: | Mozambique; Finance and development; GAPI; Low income countries; Value chains |
| Academic Unit/Department: | Social Sciences > Economics Mathematics, Computing and Technology > Design, Development, Environment and Materials |
| Item ID: | 8435 |
| Depositing User: | Roberto Simonetti |
| Date Deposited: | 13 Jul 2007 |
| Last Modified: | 02 Dec 2010 20:01 |
| URI: | http://oro.open.ac.uk/id/eprint/8435 |
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