Analysis Of Farmers Access To Agricultural Credit In Ikwuano Local Government Area Of Abia State
ABSTRACT
The
overall objective of this study is to examine farmers' awareness of and access
to agricultural credit. Four autonomous communities were chosen randomly from
Ikwuano Local Government Area. Then 25 farmers were randomly selected from each
autonomous community to give a sample of 100 farmers. Structured questionnaires
were used to interview and obtain information from the farmers. The data were
analysed by simple statistical techniques such as frequencies and percentages. The
result of the study showed that majority of the farmers in Ikwuano Local
Government Area are aware of Agricultural Credit and most of them do not have
access to it. The reasons are lack of collateral, loan duration, discriminatory
attitudes of lending institutions. In order to increase farmers access to
credit, we suggest that, credit institutions should relax their requirements on
collaterals , reduce red tape and locate more offices in rural areas. Credit institutions
should adopt integrated approach to credit services by developing services such
as input supply and market outlets.
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IGBOKWE, C (2021). Analysis Of Farmers Access To Agricultural Credit In Ikwuano Local Government Area Of Abia State . Repository.mouau.edu.ng: Retrieved May 18, 2024, from https://repository.mouau.edu.ng/work/view/analysis-of-farmers-access-to-agricultural-credit-in-ikwuano-local-government-area-of-abia-state-7-2
C., IGBOKWE. "Analysis Of Farmers Access To Agricultural Credit In Ikwuano Local Government Area Of Abia State " Repository.mouau.edu.ng. Repository.mouau.edu.ng, 03 Jun. 2021, https://repository.mouau.edu.ng/work/view/analysis-of-farmers-access-to-agricultural-credit-in-ikwuano-local-government-area-of-abia-state-7-2. Accessed 18 May. 2024.
C., IGBOKWE. "Analysis Of Farmers Access To Agricultural Credit In Ikwuano Local Government Area Of Abia State ". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 03 Jun. 2021. Web. 18 May. 2024. < https://repository.mouau.edu.ng/work/view/analysis-of-farmers-access-to-agricultural-credit-in-ikwuano-local-government-area-of-abia-state-7-2 >.
C., IGBOKWE. "Analysis Of Farmers Access To Agricultural Credit In Ikwuano Local Government Area Of Abia State " Repository.mouau.edu.ng (2021). Accessed 18 May. 2024. https://repository.mouau.edu.ng/work/view/analysis-of-farmers-access-to-agricultural-credit-in-ikwuano-local-government-area-of-abia-state-7-2