New User? Start here.
Error goes here
Globalization, decreasing land space for agriculture and decreased underground levels, rising population have made agriculture of significant importance (Intergovernmental Panel on Climate Change, 2014). While challenges are opposed to agriculture with rising problems and climatic disturbances there are very less number of financiers and support framework available that can enhance the overall agricultural system. Microfinance is the major support system that farmers make use of such that they can continue with their process of agriculture and irrigation. Very less effort towards microfinance from government and other bodies have been taken such that the flow of funds can be maintained in a steady manner (Dale, 2012). Especially in less developed and developing countries as major source of earnings for majority of the population depends upon agriculture it becomes crucial that such activities are funded. Microfinance forms a major source of funding for individuals who are into agricultural activities. Hence, it becomes essential to review and evaluate the scopes and role of microfinance into that of agriculture (Huai, 2016).
Agricultural productivity requires a steady flow of funds such that farmers and other stakeholders involved can continue with the tasks with steady efforts. Small holders of agricultural lands and who are into farming deploy a series of endeavors such that they can grow produce on their lands and feed their families (Adato, 2007). Sources of funds and funds availability to these smallholders as well as farmers are limited in nature hence they mostly opt for microfinances which are readily available. They resort to microfinance for the purpose of buying seeds, purchasing other supplies for cultivation, protecting their crops, fertilizing them and so on. Without such steady source of finance it is impossible to sow and cultivate vast stretches or smallholding of lands as the returns generated form such is not sufficient to meet sowing in the next period of time (Murray-Prior, 2011).
Greater the source of readily available microfinance available more are the capabilities of these farmers to generate output. Further availability of microfinance impacts productivity by means of quality of produce, as better quality of insecticides and pesticides can be bought. In case farmers are constrained from source of microfinance it becomes immensely difficult to carry on agricultural activities and protecting their produce from insects or other powerful climatic impacts (Khuu, 2013). Recent trends in greenhouse farming also reflects the impact that are caused by way of microfinances. This source of finance constitutes almost 74% of total funds that goes towards the purpose of agriculture.
Microfinance are said to create an ample aspects to raising agricultural produce to high rates, though the costs of borrowing such funds are significantly higher. Recent trends over the past twenty years depicts relevant efforts from non-governmental bodies, government, international organizations, community and other stakeholders in order to reshape the vibrant microfinance sector that can impact on agricultural productivity (Islam, 2011). Microfinances forms a wide range of financial services as loans, deposits, savings, money transfers, payment services, insurance and other forms of micro-enterprises that does not form part of the formal financial systems. Microcredit and microfinance are almost used quite interchangeably and they have a relevant role in the field of agriculture. Productivity in agriculture is a reflection of overall effectiveness and efficiency such that ratio of input as against that out output can easily be measured (Anita, 2010). While larger financial infrastructural bodies highly criticize and bargain regarding the existing roles of microfinance their productivity can be increased by means of improved seeds, fertilizers, labor, technology and so on and so forth. such advanced functionalities is brought about and plays a role only due to the presence of microfinance structures. There still lies unutilized structures that can be readily used in the field of microfinance to make funds easily available and reach out to poorer masses of people such that high impact in agricultural productivity can easily be generated (Dowla, 2009).
Microfinance has been playing significant role in agricultural productivity since a long time. While they have penetrated and has greater outreach to a large number of people their scopes can further be enhanced by means of a number of complex structures and systems (Beddington, 2011). The primary strategy that needs be incorporated into agricultural productivity of microfinance is to extend and accommodate for a governmental level of policy. There exists a series of types of microfinances availability in Korea and other countries however there are no defined and formal structure that can define them and enhance their scopes (Hossain, 2012). The reach out capacities of microfinances needs to be enhanced as well such that it can be easily assessed by farmers and poor segment of the society who needs it the most. There is a trend that depicts that is less developing countries there is a steady increase in the interests rates associated in the field of microfinance that are provided to the poor. Such interests rates alleviates poverty rates and is said to do more harm than good to prospective loan takers (Rohadi, 2015). Thus, interests rates for these microfinance schemes needs to be regulated such that poverty in villages can easily be reduced and can impact the entire poverty in a particular region from there low servicing costs. There conceptual framework also needs to be monitored with targeted to find and evaluate their possible impacts on the same. there was a study undertaken that reflected that smallholder farmers faces immense amounts of challenges in order to have access to funds and microcredit system facilities that further deters their ability to cultivate and develop agricultures on their vast or small stretches of land. thus, government or non-governmental agencies needs to step in and provide a suitable framework for the purpose of developing a structure that can easily support and enhance the entire system of microfinance system within scopes of agriculture to provide a helping hand to the community for the same.
Adato, M. &.-D. (2007). Agricultural research, livelihoods, and poverty: Studies of economic and social impacts in six countries. Intl Food Policy Res Inst.
Anita, W. D. (2010). Climate Change and Agriculture Impacts, Adaptation and Mitigation: Impacts, Adaptation and Mitigation. . OECD publishing.
Beddington, J. R. (2011). Achieving food security in the face of climate change: Summary for policy makers from the Commission on Sustainable Agriculture and Climate Change.
Dale, M. C. (2012). Microfinance in developed economies: A case study of the NILS programme in Australia and New Zealand. . New Zealand Economic Papers, 303-313.
Dowla, A. (2009). Climate change and microfinance. . Grameen Foundation.
Hossain, M. K. (2012). Measuring the impact of BRAC microfinance operations: a case study of a village. . International Business Research.
Huai, J. (2016). Role of livelihood capital in reducing climatic vulnerability: insights of Australian Wheat from 1990–2010. . PloS one, e0152277.
Intergovernmental Panel on Climate Change. (2014). Climate Change 2014–Impacts, Adaptation and Vulnerability: Regional Aspects. . Cambridge University Press.
Islam, K. M. (2011). Technical, Economic and Allocative Efficiency of Microfinance Borrowers and Non-Borrowers. . European Journal of Social Sciences.
Khuu, A. &. (2013). How Australian farmers deal with risk. . Agricultural Finance Review, 345-357.
Murray-Prior, R. B. (2011). Towards a sustainable approach to clustering small-scale farmers to market their agricultural produce. In Proceedings of the 12th international conference of the Society for Global Business & Economic Development (pp. 136-145). Society for Global Business & Economic Development (SGBED).
Rohadi, D. H. (2015). Improving economic outcomes for smallholders growing teak in agroforestry systems in Indonesia. In Adoption of ACIAR project outputs 2015. . Australian Centre for International Agricultural Research (ACIAR), Canberra, Australia.
To View this & another 50000+ free samples. Please put
your valid email id.
Earn back the money you have spent on the downloaded sample by uploading a unique assignment/study material/research material you have. After we assess the authenticity of the uploaded content, you will get 100% money back in your wallet within 7 days.
Get Moneyinto Your Wallet
Total 6 pages, 1 USD Per Page
*The content must not be available online or in our existing Database to qualify as
To export a reference to this article please select a referencing stye below:
My Assignment Help. (2021). COMMERCE 7039 Business Research Methods. Retrieved from https://myassignmenthelp.com/free-samples/commerce7039-business-research-methods/agriculture-productivity.html.
"COMMERCE 7039 Business Research Methods." My Assignment Help, 2021, https://myassignmenthelp.com/free-samples/commerce7039-business-research-methods/agriculture-productivity.html.
My Assignment Help (2021) COMMERCE 7039 Business Research Methods [Online]. Available from: https://myassignmenthelp.com/free-samples/commerce7039-business-research-methods/agriculture-productivity.html[Accessed 16 September 2021].
My Assignment Help. 'COMMERCE 7039 Business Research Methods' (My Assignment Help, 2021) <https://myassignmenthelp.com/free-samples/commerce7039-business-research-methods/agriculture-productivity.html> accessed 16 September 2021.
My Assignment Help. COMMERCE 7039 Business Research Methods [Internet]. My Assignment Help. 2021 [cited 16 September 2021]. Available from: https://myassignmenthelp.com/free-samples/commerce7039-business-research-methods/agriculture-productivity.html.
The respective sample has been mail to your register email id
* $5 to be used on order value more than $50. Valid for
We have sent login details on your registered email.
We offer reliable academic writing service for all forms of assignments at MyAssignmenthelp.com. From dissertations to college essays, you will find all sorts of help all under one roof. Many students get confused with the right research paper outline and end up delivering an improper document. Our experts, on the other hand, are well-versed with the right guidelines for your assignments. Thus, do not hesitate to type ‘write my paper’ on our live chat portal. Let us know about your order requirements and we will send you the customised price quote instantly. Gear up for an A+ with our services.
Caltex Oil v Dredge (1976)
The leading case of Caltex Oil v Dredge (1976) is a landmark case wherein the concept of pure economic loss is dealt with. This case is the first case of Australia wherein it was held that there are situation wherein exception to the basic rule that recovery of pure economic loss is not allowed is now permitted. The exception is permitted in situation when the defendant can ...
The decision making process of the company is determined by the power that has invested in the directors of the company.
Section 256B of the Corporations Act specifies the provisions of the company to make reduction that is not otherwise authorised. The directors have the right to reduce the share capital in such a manner that is not otherwise authorised by law under two conditions. Firstly, the reduction is reasonable as well as...
The issue here is to determine whether Charlie has a good case against EnviroPro Pty Ltd under Good Act (Victoria) and general contract rules.
To determine whether Charlie has a good case against EnviroPro Pty Ltd, we have to first understand whether the statement of the salesperson is a term of the contract, and if so, to determine the kind of term that is.
A term of a contract and puffery differs from each oth...
1. Three Causes of Action/Legal Issues
Mr. and Mrs. Amadio relied on the concept of unconscionable conduct while developing a challenge against the contract they had with the bank. This is a concept whereby one party to the negotiation process has an advantage over the other party, based on disability, old age, sickness, language barrier, etc. In this scenario, Mr. and Mrs. Amadio were arguing that they were at a disadvantage because ...
Case Study 1
In this case study, the issue is if the partnership is bound by the contract created by Lance with Mighty Motors Pty Ltd for the purchase of a new Ute at a price of $25,000, while the partners have agreed that Lance should not spend more than $20,000 on the purchase. Hence, it has to be seen if this contract is binding and is the other partners and if the other partners can take action against Lance.
According to the par...
Are you confident that you will achieve the grade? Our best Expert will help you improve your grade
HA2022 Business Law
BUS200 Law Of Business Organisation
LST5CCL Company And Commercial Law
BUS101 Introduction To Business
LAW 6000 Business And Corporate Law
PACC6009 Business Law
LAW 3600 Foundations Of Canadian Law
BUSL251 Business And Corporation Law
BLO1105 Business Law
ACCTING 2501 Financial Accounting
LAW 6508 Employment And Industrial Relations Practice
POLIS 2122 Global Environmental Politics
DEVT 3008 International Development Research Project
GEOG 2139 Environmental Management
MANAGEMT 7104 Marketing Management
COMMGMT 2500 Organisational Behaviour
COMMGMT 3502 Human Resource Management
INTBUS 1000 International Business Environment
Just refer 5 friends to earn more than $2000.
After the successfull payment you will be redirected to the detail page where you can see download full answer button over blur text.You can also download from there.
Or you can also download from My Library section once you login.Click on the My Library icon
My Library page open there you can see all your purchased sample and you can download from there.
That's our welcome gift for first time visitors
It is too easy to create or access your own library, just enter your email and make your search
MyAssignmenthelp.com stores a huge
COLLECTION OF QUESTIONS AND SAMPLES, which you can refer to any time you want.
Every time you find something useful, you can save that using the bookmark tool. From the next time,
can access that from your personalized library.
With this feature, you get to create your own collection of documents. You get free
choose and bookmark any document you wish.
Accessing the collection of documents is absolutely easy. Once you bookmark a sample,
access its content with a few clicks on your mouse.
This personalized library allows you to get faster access to the necessary documents.
longer need to spend hours to locate the sample you need.
Finding a sample from a list of thousands is nothing less than spotting a needle in a
Personalizing your own library relieves you from that stress.
On APP - grab it while it lasts!
*Offer eligible for first 3 orders ordered through app!
ONLINE TO HELP YOU 24X7
OR GET MONEY BACK!
OUT OF 33845 REVIEWS
Received my assignment before my deadline request, paper was well written. Highly