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                <text>Staff  Publications</text>
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              <text>SMALLHOLDER FUNDING SCHEMES AND FARM PRODUCTIVITY IN RURAL MAKONDE&#13;
DISTRICT, MASHONALAND WEST, ZIMBABWE&#13;
&#13;
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              <text>RANGARIRAI, MBIZI</text>
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              <text>The paper investigated the impact of small holder financing model on farm productivity in the&#13;
context of the ever-increasing funding gap in agriculture. The research was anchored on social&#13;
capital theory and the Keynesian economics. The study adopted a post positivism philosophical&#13;
orientation in addressing the seemingly increasing funding gap. Data was collected from 150&#13;
small holder farmers dotted around Makonde district of Mashonaland west using stratified&#13;
sampling technique. The sample size was 200 as guided by the Yamane formula. The paper&#13;
utilised structural equation modelling using SPSS extension module AMOS (analysis of&#13;
moment structures). The structured questionnaire used to collect data comprised of close ended&#13;
items and was validated using discriminant validity as well as convergent validity. The results&#13;
showed that the mostly used funding model was bank credit in the form of micro credit loans,&#13;
rotating savings credit association among others, while contract farming and multilateral donor&#13;
schemes were rarely used. Smart joint venture schemes were least used. Results show that joint&#13;
venture schemes were positive related to farm productive and goes beyond funding to impart&#13;
key skills to farmers. Bank credit scheme was found to be negatively related with farm&#13;
performance. This was attributed to high transaction costs in lending institutions. Government&#13;
funding was found to be inefficient. It was recommended that to address the small holder&#13;
funding gap, resources should be channelled through the agriculture value chain, through&#13;
agribusiness as these were better placed understand the needs of farmers. Government should&#13;
only provide conduce operating environment for strategic partnership and joint venture&#13;
schemes to flourish</text>
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              <text>2024</text>
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