Assessing the Venturing of Rural and Peri-Urban Youth into Micro- and Small-Sized Agricultural Enterprises in the Eastern Cape Province, South Africa

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Date

2023-10-31

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Journal ISSN

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Publisher

MDPI

Abstract

This study aimed to empirically assess the venturing by rural and peri-urban youth into micro- and small-sized agricultural enterprises in the Eastern Cape Province, South Africa. The aim of the study was achieved by focusing on the following specific objectives: analyzing youth involvement in agricultural enterprises; estimating the factors that influence youth participation in micro- and small-sized agricultural enterprises; and identifying constraints and opportunities for youth involvement in micro- and small-sized agricultural enterprises in the Eastern Cape Province. The study used multi-stage and snowballing sampling to select the respondents, and cross-sectional primary data were collected from 120 youths who ventured into micro- and small-sized agricultural enterprises. Only 70 youths from the sample participated in agricultural enterprises. The study was geared toward proposing a funding framework aligned with the characteristics of small- and micro-sized enterprises (SMEs) which can be used by both development finance institutions (DFIs) and commercial banks to assess applications for funding SMEs.

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Keywords

Agricultural enterprise, Eastern Cape Province, Youth participation

Citation

Thibane, Z., Mdoda, L., Gidi, L., & Mayekiso, A. (2023). Assessing the venturing of rural and peri-urban youth into micro- and small-sized agricultural enterprises in the eastern cape province, south africa. Sustainability, 15(21), 15469. https://doi.org/10.3390/su152115469

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