Cornerstone Economic Research developed the methodology for conducting performance and expenditure reviews (PERs) in 2012. Using this methodology, in 2013 the National Treasury, in partnership with the Department of Performance Monitoring and Evaluation in the Presidency, initiated a series of PERs of selected public programmes or policies, of which CER conducted the six reviews presented on this page. For further information, and to see PERs carried out by other parties, please go to the GTAC websiteClick here to download a description of the PER methodology.

Rural Space - MAFISA

Authors: Conrad Barberton, Jonathan Carter, Dominic Mitchell, Carmen Abdoll
Date: 2014-05-13

Download the Technical Report.
Download the Logframe.
Download the Costing Model - Locked.
Download the Costing Model.

The Micro Agricultural Financial Institutions of South Africa (MAFISA) programme was launched as a pilot project in three provinces in 2004/05. Its goal was to provide small, short- and medium-term loans to small-scale farmers to expand production, particularly in communal land areas and on smallholdings with a variety of tenure systems (Source: Government Technical Advisory Centre (GTAC) 2016. Accessed: 31 October 2016)

CER was commissioned by National Treasury to conduct an impact assessment of MAFISA in 2013. The aim of this study was to assess the extent to which MAFISA had succeeded in reaching smallholder farmers, and whether or not it has assisted them in terms of increasing scale of production and market penetration.

The report details the analysis undertaken of MAFISA’s management processes, performance and expenditure, as well as a discussion of the costing model used to evaluate the key cost drivers of MAFISA.