Öz
Kaynakça
- Ademiluyi, I.O., Okeke-Agulu,K.I and Folorunso, S.T (2021). Economics of Rice Production in Wase Local Government Area of Plateau State, Nigeria. International Journal of Food Science and Agriculture 5 (2): 214 – 218
- Akande, T. (2003). The rice sector in Nigeria. United Nation Crop Project (UNCP) Country Agricultural Project on trade liberalization in Agricultural sector and the environment, Geneva. Pp 10.
- Alabi, O.O.; Lawal,A.F and Chiogor, H.O (2016). Access to Formal Credit Facilities among Smallscale Crop Farmers in Gwagwalada Area Council, Abuja, Nigeria. Russian Journal of Agricultural and Socio-Economic Sciences (RJOAS)1(49):57-66
- Alabi,O.O., Oladele, A.O and Oladele, N.O (2020a). Economic Market Decisions among Marginal Maize Farmers in Abuja, Nigeria: Applications of Double Hurdle Model and Factor Analysis. Russian Journal of Agricultural and Socio-Economic Sciences 8(104): 114 – 125
- Alabi,O.O, Oladele, A.O,,and Oladele,N.O (2020b).Socio-Economic Factors Influencing Perceptions and Adaptation of Rural Rice Farmers to Climate Change, Abuja, Nigeria: Applications of Heckman Two-Stage Model. Russian Journal of Agricultural and Socio-Economic Sciences (RJOAS) 8 (104): 45 – 56
- Alabi,O. O, Oladele, A.O, and Usman, M.B (2021a). Determinants of Agricultural Loan Decision Making Process for Rice (Oryza sativa) Farmers in Abuja, Nigeria: Applications of Heckman Two-Stage Model and Factor Analysis. Journal of Agribusiness and Rural Development, University of Life Sciences, Poznan, Poland 1 (59): 29 -38
- Alabi, O.O., Sunday,A.G., Waziri-Ogwu, P.R,Umar, S.A, Osundiya, O.N, Olumuyiwa, S.A, Emeghara, U.U, Sanusi, S.O, Omole, E.B and Shaba, M.G (2021b). Smallholder Rural Women Rice (Oryza sativa) Farmers’ Decisions Making Process, Agricultural Intensification and Poverty Status, Abuja, Nigeria. Australian Journal of Science and Technology 5 (1):448- 459
Socio-economic determinants of smallholder rice (Oryza sativa) farmer’s access to Loan facilities, Abuja, Nigeria
Öz
This research study focused on socio-economic determinants of smallholder rice farmer’s access to loan facilities, Abuja, Nigeria. Multi-stage sampling technique was adopted to select 100 smallholder rice farmers. Primary sources of data were used. Data were collected from smallholder rice farmers with the help of well-designed and well-structured questionnaire. Statistical and econometric tools were used for data analysis. The results show that 82% of smallholder rice farmers were between 31 to 50 years of age. About 67% of smallholder rice farmers had access to loan facilities. Sources of loan obtained by smallholder rice farmers are formal (68.66%) and informal sources (31.34%). Averagely, smallholder farmers obtained 200, 754.72 Naira and 129,558.82 Naira from formal and informal sources respectively. Age (X1), farm size (X2), household size (X3), marital status (X5), access to extension services (X7) and membership of cooperative organizations (X8) were statistically and significant socio-economic factors influencing smallholder rice farmers access to loan facilities at (P<0.05). In addition, level of education was statistically and significant socio-economic factors influencing smallholder rice farmers access to loan facilities at (P<0.01).The constraints encountered by smallholder rice farmers in accessing loan facilities were: lack of collaterals for formal sources, cumbersome administrative procedures, high interest rate for formal sources, late disbursement of loan, long distant to financial institutions for formal sources, small amount of loan, and short re-payment period. The study recommends that loan with single digit interest rate should be provided by the government; cumbersome administrative procedures involved in accessing loan should be addressed, micro finance banks should be located in rural areas to meet the need of smallholder rice farmers loan demand; smallholder rice farmers should be encouraged to join cooperative organizations in order for them to have easy access to loan facilities.
Anahtar Kelimeler
Smallholder Rice Farmers Loan Facilities Socio-Economic Factors Nigeria
Kaynakça
- Ademiluyi, I.O., Okeke-Agulu,K.I and Folorunso, S.T (2021). Economics of Rice Production in Wase Local Government Area of Plateau State, Nigeria. International Journal of Food Science and Agriculture 5 (2): 214 – 218
- Akande, T. (2003). The rice sector in Nigeria. United Nation Crop Project (UNCP) Country Agricultural Project on trade liberalization in Agricultural sector and the environment, Geneva. Pp 10.
- Alabi, O.O.; Lawal,A.F and Chiogor, H.O (2016). Access to Formal Credit Facilities among Smallscale Crop Farmers in Gwagwalada Area Council, Abuja, Nigeria. Russian Journal of Agricultural and Socio-Economic Sciences (RJOAS)1(49):57-66
- Alabi,O.O., Oladele, A.O and Oladele, N.O (2020a). Economic Market Decisions among Marginal Maize Farmers in Abuja, Nigeria: Applications of Double Hurdle Model and Factor Analysis. Russian Journal of Agricultural and Socio-Economic Sciences 8(104): 114 – 125
- Alabi,O.O, Oladele, A.O,,and Oladele,N.O (2020b).Socio-Economic Factors Influencing Perceptions and Adaptation of Rural Rice Farmers to Climate Change, Abuja, Nigeria: Applications of Heckman Two-Stage Model. Russian Journal of Agricultural and Socio-Economic Sciences (RJOAS) 8 (104): 45 – 56
- Alabi,O. O, Oladele, A.O, and Usman, M.B (2021a). Determinants of Agricultural Loan Decision Making Process for Rice (Oryza sativa) Farmers in Abuja, Nigeria: Applications of Heckman Two-Stage Model and Factor Analysis. Journal of Agribusiness and Rural Development, University of Life Sciences, Poznan, Poland 1 (59): 29 -38
- Alabi, O.O., Sunday,A.G., Waziri-Ogwu, P.R,Umar, S.A, Osundiya, O.N, Olumuyiwa, S.A, Emeghara, U.U, Sanusi, S.O, Omole, E.B and Shaba, M.G (2021b). Smallholder Rural Women Rice (Oryza sativa) Farmers’ Decisions Making Process, Agricultural Intensification and Poverty Status, Abuja, Nigeria. Australian Journal of Science and Technology 5 (1):448- 459
Ayrıntılar
| Birincil Dil | İngilizce |
|---|---|
| Konular | Tarım Politikaları |
| Bölüm | Makaleler |
| Yazarlar | |
| Yayımlanma Tarihi | 30 Aralık 2022 |
| Gönderilme Tarihi | 28 Ağustos 2022 |
| Kabul Tarihi | 30 Eylül 2022 |
| Yayımlandığı Sayı | Yıl 2022 Cilt: 6 Sayı: 4 |
Kaynak Göster
International Journal of Agriculture, Environment and Food Sciences dergisinin içeriği, Creative Commons Alıntı-GayriTicari (CC BY-NC) 4.0 Uluslararası Lisansı ile yayınlanmaktadır. Söz konusu telif, üçüncü tarafların içeriği uygun şekilde atıf vermek koşuluyla, ticari olmayan amaçlarla paylaşımına ve uyarlamasına izin vermektedir. Yazarlar, International Journal of Agriculture, Environment and Food Sciences dergisinde yayınlanmış çalışmalarının telif hakkını elinde tutar.
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