The Role of Credit in Rural Development

Unit 6

It has been stated that developing nations are characterized by low production and high population growth.

Rural poverty and hunger are not real problems. These are the real symptoms of the real basic problem : Unjust economy Social structure Political structure

Small Farmers – The “Boat People” of Agriculture

A permanent solution to hunger depends on the small farmers. They are called the “Rural Poor” or the “Boat People” of agriculture. Rural poverty has likewise deprived them of human dignity

Nature of Rural DevelopmentRURAL DEVELOPMENT- a

process by which one attempts to make optimum use of physical, human economic and social resources. It is primarily based on self-reliance.

CAMILLA: Model Rural Development

Camilla is located in Bangladesh where a percent of the population resides in the rural areas. The main source of income of the people is agriculture.

Camilla Rural Development Program:

* Primary cooperative societies* Thana control cooperative association* Training* Agricultural Extension* Machine Station and workshop* Marketing

* Supervised credit* Capital formation* Women’s participation* Social welfare programs* Rural education* Thana and union councils

The Philippine Rural Development Program

The Philippine Rural Development Program is a package which is intended to improve the quality of life of the people in the rural areas and to enhance their dignified existence in society.

The Philippine Rural Development Program

Agrarian reform and labor intensive industrialization constitute the principal pillars of rural development. There is a greater need to allocated our scarce financial resources properly.

Rationalizing Rural Development