Agricultural Finance Corporation, Zimbabwe

Agricultural Finance Corporation, Zimbabwe

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Article ID: iaor1995151
Country: India
Volume: 19
Issue: 2
Start Page Number: 47
End Page Number: 61
Publication Date: Apr 1994
Journal: Vikalpa
Authors: ,
Keywords: organization, developing countries, financial
Abstract:

Agricultural Financial Corporation, Zimbabwe aims at promoting and assisting agriculture industry in Zimbabwe by making available credit for a wide range of development and agricultural purposes. In pursuance of this aim, AFC makes available short, medium and long-term loans to eligible individuals, farmer’s associations, cooperative agricultural unions, companies, societies, and informal groups of farmers. The following issues are raised in this case study. First, what are the major changes in the environment of AFC’s strategy to meet the demands of the new environment? Second, how should AFC be organized to perform a developmental role? What skills, work methods, and culture should it develop? Third, what should be the programme for human resource development and financial policy to fulfil the organization’s mission and objectives?

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