The Significance of Capital Formation on Agricultural Entrepreneurship Development in Zimbabwe: A Case Study of A1 Farmers in Mashonaland West Province

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The Significance of Capital Formation on Agricultural Entrepreneurship Development in Zimbabwe: A Case Study of A1 Farmers in Mashonaland West Province

Abstract

This study focused on evaluating the significance of capital formation on the development of agricultural entrepreneurship in Zimbabwe and this was achieved through the pragmatism research philosophy and a case study design. The sample was made up of 500 respondents. Questionnaires and focus group discussions were used to collect data from the respondents. The results obtained from the study show that capital formation is significant to the development of agriculture entrepreneurship. Results from the study also show that the improvement of a farm physical assets increases access to agricultural financing. Furthermore, it was established that improving assets of a farm increases the development of agricultural entrepreneurship. Another notable finding is that educational development of staff aids in the generation of more profits and also assists in acquiring access to funding. With the mentioned findings, it was concluded that capital formation is significant to agricultural entrepreneurship as it assists in reaching out to agricultural financing. To assist and help ease the process of acquiring capital, the study recommends that government should provide title deeds to farmers,

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