Agricultural Credit Sources and Determinants of Credit Acquisition by Farmers in Idemili Local Government Area of Anambra State  

作　　者：John Chinasa Ijioma Charles Kelechi Osondu 

机构地区：[1]Department of Agricultural Economics and Extension, Abia State University Uturu, Umuahia Campus PMB 7010, Umuahia, Nigeria

出　　处：《Journal of Agricultural Science and Technology(B)》2015年第1期34-43,共10页农业科学与技术（B）

摘　　要：The study is focused on agricultural credit sources and determinants of credit acquisition by farmers in ldemili local government area of Anambra State, Nigeria with specific objectives to： describe socio-economic characteristics of rural farmers; identify sources of agricultural credit available to rural farmers; determine socio-economic factors that influence agricultural credit acquisition of farmers; ascertain reasons for any credit misappropriation and identify problems that constrain farmers from agricultural credit acquisition. Ninety farmers were randomly selected by multi stage random sampling technique. Semi-structured questionnaire was used to elicit data for the study. Descriptive statistics and multiple regression model were used in achieving the objectives. Results indicated that 74.44% of respondents were males with a mean age of 45 years. Majority （76.67%） were married with large house hold sizes. Majority （93.33%） received different level of education, with sources of credit from friends/relatives （30.00%）, cooperative societies （43.33%）, money lenders （14.44%）, and cumulatively from formal sources （（12.22%）. The result of the multiple regression analysis revealed age, household size, membership of cooperative societies, marital status, education level, farm size and amount of loan repaid at varied signs and levels as significant predictors of amount of agricultural credit acquired by farmers. The most common reason given among the respondents （55.89%） of those who misappropriated acquired agricultural credit, was meeting nonfood needs of the household. The farmers encountered problems of high interest rate （78.89%）, lack of collateral （75.56%）, long distance from source of credit （50.00%）, poor harvest （37.78%）, moratorium （33.33%） and delay in loan approval/disbursement （44.44%） as constraints to acquire credit. The study recommends that the state government should pass policies aimed at providing free educative seminars to all illiterate

关 键 词：CREDIT ACQUISITION MISAPPROPRIATION formal credit informal credit. 

分 类 号：F832.43[经济管理—金融学] F323.8