Reciprocal relationship of social capital and microfinance activities in Nyanga, Zimbabwe. Issue 1 (2nd January 2017)

• Record Type: Journal Article
• Authors: Mafukata, Mavhungu; Dhlandhlara, Willie; Kancheya, Grace
• Is Part Of: Development in practice. Volume 27:Issue 1(2017)
• Page Start: 77
• Page End: 89
• Publication Date: 2017-01-02
• Subjects: Labour and livelihoods – Microfinance -- Civil society -- Sub-Saharan Africa; Technical assistance -- Developing countries -- Periodicals; Economic assistance -- Developing countries -- Periodicals; Developing countries -- Economic conditions -- Periodicals; 338.91091724
• DOI: 10.1080/09614524.2017.1260689
• Languages: English
• ISSNs: 0961-4524

Abstract

ABSTRACT: This article investigates the interactive reciprocal relationship of microfinance activities and social capital among members of the Kufusa Mari microfinance scheme in Nyanga, Zimbabwe. It reports on a study conducted among 146 randomly selected respondents, plus other participants selected for focus group discussions and key informant interviews. A reciprocal relationship between microfinance activities and social capital existed in this case study, but was found to be three-pronged, also involving developmental goals. The community should be encouraged to join the Kufusa Mari group scheme to promote self-initiated grassroots community development and advancement.