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Managing Risks & Designing Products for Agricultural Microfinance (CGAP Occasional Paper)

Aug 01, 2005 | R.P. Christen, D. Pearce | CGAP
This paper surveys a number of approaches to the provision of agricultural credit and explores possibilities for overcoming the challenges of agricultural finance: large and long-term investments, the combination of price and yield risks, the relatively high cost of operating in rural areas with low population density, and lending to clients with no credit records.