scholarly journals Determinants of smallholder farmers’ participation in microfinance markets in Huye district, southern province, Rwanda

2021 ◽  
Vol 21 (07) ◽  
pp. 18319-18329
Author(s):  
Eularie Mutamuliza ◽  
◽  
K Vishwanatha ◽  
SR Mbaraka ◽  
Keyword(s):  
Financial Services ◽  
Smallholder Farmers ◽  
Sampling Technique ◽  
Simple Random Sampling ◽  
Probit Analysis ◽  
Descriptive Statistics ◽  
Primary Data ◽  
Microfinance Institutions ◽  
Probit Regression ◽  
Southern Province

Microfinance markets play a significant role in enhancing socio-economic development of developing countries. In Rwanda, access to microfinance in financing agriculture is very important for future development. Despite this development, smallholder farmers still have limited access to institutional financial services. This study assessed factors that affect smallholder farmers’ participation in microfinance markets in three sectors of Maraba, Mukura and Ngoma in Huye district in Southern province of Rwanda. Primary data were collected using questionnaires and personal interviews. A total of 300 respondents were selected using a simple random sampling technique from participants and non-participants in microfinance markets. Data collected were analyzed through descriptive statistics and Probit regression model. Results from descriptive statistics revealed that major sources of income were farming and business activities. Findings revealed also that each household had an average of about five members with standard deviation of 1.901 and mean value of household land size of 1.87 ha with standards deviation of 0.758. Findings from Probit analysis revealed that household size, education, total annual income, cooperative membership, and household savings had a positive and significant effect on smallholder farmers’ participation in microfinance markets. Distance from microfinance institutions negatively influenced participation in microfinance markets. Households that were located far from to the microfinance institutions were less likely to participate in microfinance markets compared to those nearer to the institutions. This study recommends microfinance institutions in Rwanda to expand their financial systems to enable smallholder farmers access affordable agricultural finance. Further, there is need for microfinance institutions to create more awareness programs to help smallholder farmers get key information related to microfinance services. This is expected to influence smallholder farmers’ willingness to apply for microcredits for agricultural development. This will in the long-run help the smallholder farmers to adopt new practices and technologies thus increasing their agricultural production.

scholarly journals Determinants of Common Bean (Phaseolus Vulagris L.) Marketed Surplus Among Smallholder Farmers in Humbo and Damot Gale Woredas, Southern Ethiopia

2018 ◽  
Vol 2 (1) ◽  
pp. 20
Author(s):  
Besufekad Belayneh ◽  
Tewodros Tefera ◽  
Thomas Lemma
Keyword(s):  
Common Bean ◽  
Smallholder Farmers ◽  
Sampling Technique ◽  
Simple Random Sampling ◽  
Least Square ◽  
Primary Data ◽  
Southern Ethiopia ◽  
Cross Sectional ◽  
Ordinary Least Square ◽  
Multi Stage

This research was aimed to study the common bean (Phaseolus vulagris L.) marketed surplus among smallholder farmers in the Humbo and Damot Gale Woredas. A multi-stage sampling technique was used in order to determine the sample respondents. By using simple random sampling technique four sample Kebeles were selected. Cross sectional data were collected from 182 farm households who produced common bean in 2016 production season. Primary data were collected from sample households using structured questionnaire. Descriptive statistics and econometric model were employed to analyze the data. To identify determinants of marketed surplus of common bean, Ordinary Least Square (OLS) model was employed. The study suggest interventions such as intensification strategies which increase yields through proper management and use of inputs, rural infrastructure improvement increases the likelihood of market orientation and marketed surplus of common bean.

scholarly journals EFFECT OF MICROFINANCE ON SMALLHOLDER FARMERS’ LIVELIHOOD IN RWANDA: A CASE STUDY OF NYAMAGABE DISTRICT

AGROFOR ◽  
2020 ◽  
Vol 5 (1) ◽  
Author(s):  
Eularie MUTAMULIZA ◽  
Edouard MUSABANGANJI
Keyword(s):  
Propensity Score ◽  
Propensity Score Matching ◽  
Rural Areas ◽  
Nearest Neighbor ◽  
Smallholder Farmers ◽  
Descriptive Statistics ◽  
Primary Data ◽  
Microfinance Institutions ◽  
Nearest Neighbor Matching ◽  
The Government

Microfinance in Rwanda is considered as one of the most crucial mechanisms in the implementation of the Government program to reduce poverty and to increase economic growth. However, despite the effort made by the Government of Rwanda to put in place microfinance institutions in rural areas, little is known about the effects of microfinance on smallholder farmers’ income in Nyamagabe District of Rwanda. This study aimed at examining the contribution of microfinance services to the income of smallholder farmers in Nyamagabe District. Primary data were collected from 240 respondents randomly selected in 3 sectors of Nyamagabe District using structured questionnaires. Data were analyzed using descriptive statistics to describe the socio-economic characteristics of the respondents and Propensity Score Matching was used to assess the effect of microfinance on smallholder farmers’ livelihood. The results from descriptive statistics showing that 117 respondents were participants in microfinance services and 123 were nonparticipants and more men were committed to participate and to access microfinance services than women. Results from Propensity Score Matching Model using both Kernel Based Matching and Nearest Neighbor Matching showed that the households participating in microfinance services increased their total annual income by 256,674 Rwandan francs and 228,246 Rwandan francs more than non-participants, respectively. The study recommended that smallholder farmers should be encouraged to participate in microfinance services to increase their income and agricultural productivity. The use of SACCOs and microfinance services needs to be promoted in order to provide an instrument for mobilizing savings and extending credit.

scholarly journals Assessment of Customers’ Relationship Management Practices on Customer Retention and Loyalty of Oromia Credit and Saving Share Company: Bule Hora City Branch

2021 ◽  
Vol 2021 ◽  
pp. 1-9
Author(s):  
Teshita Uke Chikako ◽  
Gemedi Tesfaye Hamu
Keyword(s):  
Management Practices ◽  
Relationship Management ◽  
Customer Retention ◽  
Sampling Technique ◽  
Simple Random Sampling ◽  
Customer Relationship ◽  
Primary Data ◽  
Microfinance Institutions ◽  
The Status ◽  
Statistical Analysis Method

The main objective of this study was to assess customers’ relationship management practices of Oromia Credit and Saving Share Company, Bule Hora city branch in Bule Hora, Ethiopia. Customer relationship management (CRM) as a strategy has gained tremendous interest among researchers and practitioners in recent times. Thus, this study tried to assess the status and ways CRM has been put in for practice by Oromia Credit and Saving Share Company (OCSSCO). In addition, this study considers different CRM dimensions such as empathy, bonding and satisfaction, and responsiveness. To achieve the objective of the study, primary data were collected through a questionnaire from a sample of 246 Oromia Credit and Saving Share Company customers of Bule Hora city branch, Bule Hora, Ethiopia, by using simple random sampling technique. The data collected through the questionnaire were analyzed using descriptive statistical analysis method and inferential statistics by using SPSS version 20 as a tool of data analysis. The study clearly revealed that the four CRM dimensions are strongly related. Thus, from the perspective of customers as well as management bodies of the Oromia Credit and Saving Share Company, CRM has a significant influence on customer retention and loyalty of the organization. Generally speaking, microfinance institutions are in need of doing a lot of CRM-based customer-focused practices.

scholarly journals Chickpea (Cicer Arietinum L.) Production Among Smallholder Farmers in Damot Gale and Humbo Woredas of Southern Ethiopia

2018 ◽  
Author(s):  
Besufekad Bassa
Keyword(s):  
Cicer Arietinum ◽  
Production Function ◽  
Smallholder Farmers ◽  
Sampling Technique ◽  
Simple Random Sampling ◽  
Primary Data ◽  
Southern Ethiopia ◽  
Cross Sectional ◽  
Cicer Arietinum L ◽  
Multi Stage

This research was aimed to study the chickpea (Cicer arietinum L.) production among smallholder farmers in Damot Gale and Humbo Woredas. A multi-stage sampling technique was used in order to determine the sample respondents. By using simple random sampling techniques four sample Kebeles were selected. Cross sectional data were collected from 182 farmer households who were chickpea producers in 2016 production season. Primary data were collected from sample households using structured questionnaire. Descriptive statistics and econometric model were employed to analyze the data. To identify the production function of chickpea crops Cobbe-Douglas production function was employed. The study suggest interventions such as intensification strategies which increase yields through proper management and use of inputs, rural infrastructure improvement increases the likelihood of production of chickpea.

scholarly journals Application of Probit Analysis in the Decision of Youths to Participate in Vegetable Production

2020 ◽  
Vol 1 (5) ◽  
pp. 1-7
Author(s):  
Nsikak-Abasi Etim ◽  
Dorothy Thompson
Keyword(s):  
Agricultural Production ◽  
Smallholder Farmers ◽  
National Development ◽  
Probit Analysis ◽  
Primary Data ◽  
Farm Income ◽  
Small Scale ◽  
Vegetable Production ◽  
Probit Regression ◽  
Factors Affecting

Youths are successor farming generation and therefore the future of food security. At present, they constitute about 60% of Nigeria’s population and have over the years contributed significantly to national development. Unfortunately, the present environment makes it  difficult to explore their full potentials in  production through participation in agriculture. The ageing smallholder farmers are less likely to increase capacity needed to sustainably expand agricultural production. There is therefore a pressing need to engage the youth in ways that they can see a promising future in agriculture as well as influence them to build capacity through effective involvement in agricultural production. Several factors however, have continued to hinder capacity building and effective  participation of youths in vegetable farming. An empirical study was conducted to estimate the factors affecting the willingness  of youth to  participate in small scale waterleaf production. The representative waterleaf producers were selected using the multi stage sampling procedures.With the aid of questionnaire, primary data were obtained from 100 farmers. Univariate probit regression model was used to analyze the data. Results of analysis indicated that the most critical factors affecting the participation of youths in waterleaf production were age, educational qualification, size of household members, and farm income. Results indicated that youths who have acquired some form of education were more willing to be involved in waterleaf production. Findings further indicated that youth in families with higher income from farming activities were more willing to participate in waterleaf production.

scholarly journals Factors Determining the Credit Accessibility by the Small-Scale Entrepreneurs: A Case of Handloom Weaving in Bangladesh

2020 ◽  
Vol 15 (8) ◽  
pp. 93
Author(s):  
Mst Tania Parvin ◽  
Kanij Fatema ◽  
Sadika Haque
Keyword(s):  
Financial Services ◽  
Work Experience ◽  
Sampling Technique ◽  
Farm Size ◽  
Primary Data ◽  
Small Scale ◽  
Microfinance Institutions ◽  
Institutional Perspective ◽  
Credit Access ◽  
Access To Credit

This study examines the determinants of access to credit by the handloom weavers in Bangladesh. Using the multistage sampling technique, the primary data for the analysis were collected from 311 randomly selected handloom weavers from Sirajganj district of Bangladesh during July to December 2015. The data are analyzed by using the Logit model. The model identifies several individual, household, community, and institution-specific factors as the significant determinants of credit access. Among them, family size, farm size, work experience, saving and the flexibility in the terms and conditions of loan use increase the probability of credit access by the handloom weavers whereas the risk aversion attitude and the distance between the Microfinance Institutions (MFIs) from the commune reduce such possibility. Therefore, this study suggests that respondents should utilize the joint effort of the available family members in this labor-intensive business while undertaking rational decisions enhanced through the skills and capabilities acquired over the years. They should maintain a sufficient amount of saving to prove them eligible in repaying their credit. From the institutional perspective, it is suggested that the MFIs should provide adequate financial and non-financial services to its clientele as per their needs. Borrowers’ easy accessibility to the institutions should also be ensured. In doing so, they should open up more branches in the villages so that the door to door services are available to the borrowers. It is expected that these recommendations will help in improving the credit access by the handloom weavers in Bangladesh.

scholarly journals EFFECT OF TANGIBILITY ON CUSTOMER SATISFACTION AMONG MICRO FINANCE BANKS CUSTOMERS IN KENYA

2021 ◽  
Vol 6 (2) ◽  
pp. 15-20
Author(s):  
Hakim Nyabundi ◽  
Victor Aliata ◽  
Alphonce Odondo
Keyword(s):  
Customer Satisfaction ◽  
Sampling Technique ◽  
Simple Random Sampling ◽  
Target Population ◽  
Primary Data ◽  
Unique Contribution ◽  
Microfinance Institutions ◽  
Satisfaction Index ◽  
Markets And Institutions ◽  
Kisumu City

Purpose: Financial markets and institutions are central to the process of economic growth. The provision of credit has increasingly been regarded as an important tool for raising the incomes of populations, mainly by mobilizing resources to more productive uses. However, microfinance institutions in Kisumu City Kenya are still far off from reaching the required customer satisfaction index. The main purpose of the study was to establish the effect of tangibility on customer satisfaction among micro finance banks (MFB) customers in Kisumu City. Methodology: This study was anchored on a Market based theory; Survival based theory and the Expectancy Disconfirmation theory. A correlation research design was used. Study targeted 10,300 MFB customers in Kisumu City. A sample size of 370 MFB customers was drawn from the target population using simple random sampling technique. The study used primary data from questionnaires. Findings: The findings indicated that Tangibility is associated with 63.1% of the variation in customer satisfaction, an increase in tangibility affects customer satisfaction by 0.341. The correlation analysis to determine the effect of tangibility on customer satisfaction shows a significant correlation existed (r = 0.631, p < 0.05). This shows 63.1% of the variations on customer satisfaction are associated with tangibles. Unique Contribution to Theory, Practice and Policy: The organization needs to train employees on various aspects of tangibility. Systems should be in place that ensures certain aspects like security and quality are retained and improved throughout customers’ lifetime.

Effects of Financial Innovations on Profitability for Deposit Taking Microfinancing Institutions in Kenya

2018 ◽  
Vol 9 (6) ◽  
pp. 529-536
Author(s):  
Martin Khoya Odipo ◽  
Keyword(s):  
Financial Institutions ◽  
Positive Relationship ◽  
Financial Institution ◽  
Secondary Data ◽  
Financial Statements ◽  
Descriptive Statistics ◽  
Primary Data ◽  
Microfinance Institutions ◽  
Financial Innovations ◽  
Strong Positive Relationship

Recent studies have documented that innovations improve profitability of firms. This article documents that deposit taking micro financial institutions that have adopted financial innovations have increased their profitability. The study covered five years between 2009-2013. Both primary and secondary data were used in the study. Primary data was obtained through administration of drop and pick questionnaires to selected employees of the institutions. Secondary data was obtained from financial statements and management reports of these deposit taking microfinance institutions. Data was analyzed using descriptive statistics, return on asset and multi-liner regression model to determine the effect of each financial innovation applied on profitability on the micro-financial institution. The results showed that most deposit taking microfinance institutions adopted these financial innovations in their current operations. There was strong positive relationship between individual innovations and profitability. In line with profitability ROA also showed improvement each year after the adoption of these financial innovations.

PENGARUH KEPEMIMPINAN DAN MOTVASI KERJA TERHADAP KUALITAS PELAYANAN PUBLIK (STUDI KASUS PADA KANTOR KEMENTERIAN AGAMA SUNGAI PENUH )

2020 ◽  
Author(s):  
Pahrizal
Keyword(s):  
Data Analysis ◽  
Service Quality ◽  
Public Service ◽  
Random Sampling ◽  
Secondary Data ◽  
Sampling Technique ◽  
Simple Random Sampling ◽  
Primary Data ◽  
Analysis Techniques ◽  
Intervening Variables

The research is proposed to test the influence of Leadership and Motivation Work on Public Service Quality. The population in this study was the Kantor Kementerian Agama Sungai Penuh who had received the last 1 year service at the Kantor Kementerian Agama Sungai Penuh, amounting to 260 people. Furthermore, by using the Slovin formula, a sample size of 158 people was chosen with a sampling technique based on Simple Random Sampling. This study uses primary data and secondary data. Data analysis techniques used are path analysis and hypothesis testing using t test with data analysis using SPSS version 20. The results of the study based on showing that partially the Leadership and motivation work have a positive and significant effect on Public Service Quality. The results also show that motivation work variables act as intervening variables between Leadership and Public Service Quality.

ATM Withdrawal Restriction and Customer Retention: A Case with Students and Pensioners

2015 ◽  
Vol 3 (1) ◽  
Author(s):  
Rajat Deb ◽  
Anirima Datta
Keyword(s):  
Factor Analysis ◽  
Graduate Students ◽  
Financial Planning ◽  
Financial Services ◽  
Statistical Tests ◽  
Descriptive Statistics ◽  
Primary Data ◽  
Sampling Techniques ◽  
Unlimited Access ◽  
Major Factors

Objectives: The present study seeks to examine the perception of the graduate students and pensioners of some selected localities of Kolkata about the importance of ATMs as a branch surrogate, impact of the ceiling on withdrawals from ATMs, and the strategies to win over the capping for the customers as well as for the banks to retain them. Participants and Data collection: It obtained primary data from 200 respondents consisting of 140 graduate students and 60 pensioners using different non-probability sampling techniques through schedule and personal interviews. Research Methods: Different statistical tests like factor analysis, Mann Whitney U test, students t-test, regression analysis, and descriptive statistics were performed to assess support for the hypotheses. The reliability of the questions and sample adequacy test was also carried out. Through factor analysis, five major factors viz. perceptions about ATM- an avatar for banks, customers satisfaction in ATM services, customers repercussion on capping, financial planning for withdrawals, and strategies for customers to avoid charges and for banks to retain them were extracted. Results: The results of the study suggest that youth prefer to use ATMs which has become indispensable and provide diversified financial services that leads to customers satisfaction, but withdrawing now requires some planning as customers need to visit branches to avoid fees. To retain the customers the banks should encourage the use of more electronic cards and net banking, should not charge for withdrawing own funds, allow them to access even the non-home branch ATMs close to the their locality, should reduce the minimum average floor balance to enjoy free unlimited access of home bank ATMs and keep currency of higher denomination to reduce the number of transactions.

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