CEREAL BANK AS A NECESSARY RURAL LIVELIHOOD INSTITUTE IN ARID LAND, MAKOJA VILLAGE, DODOMA-TANZANIA

Journal Title: Asian Economic and Financial Review - Year 2013, Vol 3, Issue 2

Abstract

In 2012, the study was carried at Makoja Village, in Semi-Arid region of Dodoma. The aim of the conducted study was to assess the importance of Cereal Bank to livelihood of farming households. A total of 80 respondents were interviewed. Data were analyzed using SPSS 16.0 computer program. The major findings of the study revealed that, almost all of the households (96.2 %) were poor, while more than a half of the sampled population was chronically food insecure. Income and expenditure analysis revealed that households had no opportunity to manage savings. Further analysis on expenditure revealed that despite being farming households, the later spent large proportion of their income in purchasing food for households. Cereal bank has been potential to provide food at the time of less, storage facility, seed stocking facility and a business opportunity. Cereal banks should be purposively promoted to improve livelihood and assure food security in the rural areas.

Authors and Affiliations

Mark M Msaki| Department of Rural Development and Regional Planning, Institute of Rural Development Planning, Dodoma, Michael I Mwenda| Department of Development Finance and Management Studies, Institute of Rural Development Planning Dodoma, Irene J Regnard| Department of Environmental Planning, Institute of Rural Development Planning Dodoma

Keywords

Related Articles

FACTORS INFLUENCING THE BANK PROFITABILITY – EMPIRICAL EVIDENCE FROM ALBANIA

Commercial banks have a crucial role for the allocation of economic resource in countries. Their main contribution is in the economic growth of the country through making available the funds for investors to borrow as we...

SECURITY ISSUANCE AND STOCK PRICE EFFECTS WITH HETEROGENEOUS BELIEFS

We analyze the factors that affect security issuance and its impacts on the volatility of stock returns before and after the issuance under heterogeneous beliefs and short sale constraints using the issuing sample of con...

EXPORT AND IMPORT PRODUCTS GROUPS’ SHARES OF TURKEY WITH CEE COUNTRIES AFTER THEIRS ACCESSIONS TO EU AND BEFORE

The purpose of this study is to analyze export and import shares of main products of CEE countries with Turkey before their membership to EU and then, starting from the year of 2000. After accession to EU, these countrie...

IDENTIFYING STOCK MARKET REACTIONS TO ACQUISITION ANNOUNCEMENTS IN TAIWAN LAND AUCTION

This paper examines the market reactions to acquisition announcements in Taiwan land auctions. Empirical evidence shows that successful bidders can enjoy significant positive abnormal returns as a result of land auction...

EXPLORING THE PERSPECTIVES OF CORPORATE GOVERNANCE AND THEORIES ON SUSTAINABILITY RISK MANAGEMENT (SRM)

The motivation of this paper stems from the importance of observing good corporate governance by means of SRM approach to create sustainable value for corporate survival. This study explores the perspectives of corporate...

Download PDF file
  • EP ID EP1889
  • DOI -
  • Views 538
  • Downloads 40

How To Cite

Mark M Msaki, Michael I Mwenda, Irene J Regnard (2013). CEREAL BANK AS A NECESSARY RURAL LIVELIHOOD INSTITUTE IN ARID LAND, MAKOJA VILLAGE, DODOMA-TANZANIA. Asian Economic and Financial Review, 3(2), 259-269. https://europub.co.uk/articles/-A-1889