Cooperative financial institutions (CFIs) as a source of development finance - a case study on Sub-Saharan Africa

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dc.contributor.advisorAbor, Joshuaen_ZA
dc.contributor.authorNzila, Michelo Men_ZA
dc.date.accessioned2018-11-07T13:44:34Z
dc.date.available2018-11-07T13:44:34Z
dc.date.issued2014en_ZA
dc.description.abstractThe lack of access to finance is cited as one of the major barriers preventing developing countries from attaining economic development. While traditional sources of financing such as Official Development Assistance (ODA), Foreign Direct Investment (FDI) and Remittances have done much to alleviate the problem, they have left what is termed the missing middle; a financing gap created by failure to provide financing particularly for Micro, Small and Medium Enterprises (MSMEs) and for the poor in the subject countries. The major impediments have included lack of collateral, inadequate training and business knowledge and risk aversion on the part of traditional financial institutions such as banks. Further, domestic resource mobilization endeavours have concentrated on tax reforms to improve governments' revenue collection and administration, leaving personal savings aggregation unattended. This financing gap is despite knowledge that MSMEs possess the most potential for employment creation, thus poverty alleviation for the masses. Cooperative Financial Institutions have been in existence for a long time and have the potential to provide innovative solutions in addressing the problem at hand. They have however, received little attention and recognition and the historical association with agriculture and the older generation has limited their outreach and impact. This study is thus intended to explore whether CFIs can bridge the financing gap for MSMEs in Sub-Saharan Africa.en_ZA
dc.identifier.apacitationNzila, M. M. (2014). <i>Cooperative financial institutions (CFIs) as a source of development finance - a case study on Sub-Saharan Africa</i>. (Thesis). University of Cape Town ,Faculty of Commerce ,Research of GSB. Retrieved from http://hdl.handle.net/11427/29056en_ZA
dc.identifier.chicagocitationNzila, Michelo M. <i>"Cooperative financial institutions (CFIs) as a source of development finance - a case study on Sub-Saharan Africa."</i> Thesis., University of Cape Town ,Faculty of Commerce ,Research of GSB, 2014. http://hdl.handle.net/11427/29056en_ZA
dc.identifier.citationNzila, M. 2014. Cooperative financial institutions (CFIs) as a source of development finance - a case study on Sub-Saharan Africa. University of Cape Town.en_ZA
dc.identifier.ris TY - Thesis / Dissertation AU - Nzila, Michelo M AB - The lack of access to finance is cited as one of the major barriers preventing developing countries from attaining economic development. While traditional sources of financing such as Official Development Assistance (ODA), Foreign Direct Investment (FDI) and Remittances have done much to alleviate the problem, they have left what is termed the missing middle; a financing gap created by failure to provide financing particularly for Micro, Small and Medium Enterprises (MSMEs) and for the poor in the subject countries. The major impediments have included lack of collateral, inadequate training and business knowledge and risk aversion on the part of traditional financial institutions such as banks. Further, domestic resource mobilization endeavours have concentrated on tax reforms to improve governments' revenue collection and administration, leaving personal savings aggregation unattended. This financing gap is despite knowledge that MSMEs possess the most potential for employment creation, thus poverty alleviation for the masses. Cooperative Financial Institutions have been in existence for a long time and have the potential to provide innovative solutions in addressing the problem at hand. They have however, received little attention and recognition and the historical association with agriculture and the older generation has limited their outreach and impact. This study is thus intended to explore whether CFIs can bridge the financing gap for MSMEs in Sub-Saharan Africa. DA - 2014 DB - OpenUCT DP - University of Cape Town LK - https://open.uct.ac.za PB - University of Cape Town PY - 2014 T1 - Cooperative financial institutions (CFIs) as a source of development finance - a case study on Sub-Saharan Africa TI - Cooperative financial institutions (CFIs) as a source of development finance - a case study on Sub-Saharan Africa UR - http://hdl.handle.net/11427/29056 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/29056
dc.identifier.vancouvercitationNzila MM. Cooperative financial institutions (CFIs) as a source of development finance - a case study on Sub-Saharan Africa. [Thesis]. University of Cape Town ,Faculty of Commerce ,Research of GSB, 2014 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/29056en_ZA
dc.language.isoengen_ZA
dc.publisher.departmentResearch of GSBen_ZA
dc.publisher.facultyFaculty of Commerceen_ZA
dc.publisher.institutionUniversity of Cape Town
dc.subject.otherDevelopment Financeen_ZA
dc.titleCooperative financial institutions (CFIs) as a source of development finance - a case study on Sub-Saharan Africaen_ZA
dc.typeMaster Thesis
dc.type.qualificationlevelMasters
dc.type.qualificationnameMComen_ZA
uct.type.filetypeText
uct.type.filetypeImage
uct.type.publicationResearchen_ZA
uct.type.resourceThesisen_ZA
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