So far the private sector has made only small progress in responding to the needs of, and opportunities in, the market segment of small-scale agricultural enterprises, after the widespread withdrawal of the paradigm of government funded and controlled agricultural development. The unmet needs for finance of producer associations and other forms of SMEs (small- and medium-sized enterprises) in agriculture, for transactions in the size range £5,000 to £500,000, constitute the missing middle. The crucial issue is how to overcome the barriers to scaling-up the private sector's response.
Topic:
Agriculture, Development, Poverty, and Third World