Wet cocoa black market, the hindrance in raising external finance to small holder cocoa famers in Tanzania

dc.contributor.authorMolela, Godfrey
dc.date.accessioned2021-08-20T09:16:40Z
dc.date.available2021-08-20T09:16:40Z
dc.date.issued2016
dc.descriptionAbstract. Full text article available at http://www.researchjournali.com/view.php?id=2453en_US
dc.description.abstractBuyers and financial institutions play major roles in financing agriculture because of their direct involvements in the sector. Cocoa farmers in Tanzania had failed to benefit from these players in bridging their financial gaps. The side-selling of wet cocoa through black markets was found to be the major constrain. Despite the government’s effort to get rid of Njemkes, wet cocoa black market was still high which accounted for 19.83% of all cocoa traded in the district. Side selling of wet cocoa was reported by farmers to be the major cause of poor cocoa stock management. The situation threatened 70% of financiers to avoid extending credits to cocoa businesses. The business that involves wet cocoa procurement is referred by this research to as the black market and the dealers in that business are known as Njemkes according to local language in Kyela. This research was conducted to assess the effect of wet cocoa black market in raising external finance to cocoa farmers in Tanzania. It went further to suggest the appropriate measures that should be taken to get rid of this illegal business in the district.en_US
dc.identifier.citationMolela, G. (2016). Wet cocoa black market, the hindrance in raising external finance to small holder cocoa famers in Tanzania. Researchjournali’s Journal of Agriculture, 3(4), 1-15en_US
dc.identifier.otherURL: http://www.researchjournali.com/view.php?id=2453
dc.identifier.urihttp://hdl.handle.net/20.500.12661/3294
dc.language.isoenen_US
dc.publisherInternational Journal publishing houseen_US
dc.subjectCocoaen_US
dc.subjectCocoa productionen_US
dc.subjectWet cocoaen_US
dc.subjectTanzaniaen_US
dc.subjectAgricultureen_US
dc.subjectManagementen_US
dc.subjectCocoa farmersen_US
dc.titleWet cocoa black market, the hindrance in raising external finance to small holder cocoa famers in Tanzaniaen_US
dc.typeArticleen_US
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