Financing rural development in Lesotho
Mashinini, V.
Africa Insight 32(1): 30-36
2002
ISSN/ISBN: 0256-2804 Document Number: 242706
This paper describes the activities and recent performance of the Lesotho Fund for Community Development (LFCD), which is launched as a formal social fund and eventually to become a microcredit institution, entrusted with the task of community rural development finance in Lesotho. It is suggested that LFCD is an innovative attempt at financing rural development in Lesotho in the 21st century. Some issues that are mandatory for sustainable financing of rural development for poverty alleviation in Lesotho are presented.
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