scholarly journals Determinants of access to credit by cocoa farmers in osun state, nigeria

2020 ◽  
Vol 9 (2) ◽  
pp. 57-61
Author(s):  
JTO Oke ◽  
AD Kehinde ◽  
AJ Akindele
Keyword(s):  
Interest Rate ◽  
Formal Education ◽  
Sampling Procedure ◽  
Study Data ◽  
Farm Size ◽  
High Interest Rate ◽  
Access To Credit ◽  
Positive Effects ◽  
Credit Association ◽  
Cocoa Farmers

This study investigated the determinants of access to credit among cocoa farmers in Osun state, Nigeria. Specifically, the study described the socio-economic characteristics of cocoa farmers in the study area, examined the factors affecting access to credit by cocoa farmers in the study area; and identified the constraints faced by cocoa farmers in credit acquisition. The study was conducted in Osun state, south-western Nigeria. A multi-stage sampling procedure was used for selecting respondents for this study. A total number of 180 farmers were selected for the study. Data were analyzed using Descriptive statistics and logit Regression. The results for the entire respondents showed average values of 46 years for age, 25 years for year of experience, 8 persons for household size, and about 88% of the respondents have formal education. Farm size (p<0.05), income (p<0.05) and years of schooling (p<0.05) show significant and positive effects on access to credit. On the other hand, gender (p<0.05), distance to credit source (p<0.1) and interest rate (p<0.01) are significant but have negative effects on access to credit by cocoa farmers in the study area. Majority (85.6%) of the cocoa farmers acknowledged lack of collateral security as a constraint in credit acquisition, while about 71.1 % acknowledged that high interest rate was a factor hindering credit acquisition. Other factors are acknowledged in the following order: Bureaucratic procedures 60.6%, lack of information about available credit sources 45%, mode of repayment 40%, no credit association 31.1% and non- membership of farmers’-based organization had 23.3%. Following the findings of the study, government, non-governmental agencies and financial institutions should provide cocoa farmers with adequate access to credit facilities and soft loans with low interest and without collateral security. In addition, cocoa farmers should be educated on the acquisition of credit. Int. J. Agril. Res. Innov. Tech. 9(2): 57-61, December 2019

scholarly journals Determinants of credit access of cocoa farmers

2019 ◽  
Vol 13 (3-4) ◽  
pp. 73-78
Author(s):  
Nicholas Oppong Mensah ◽  
Edward Yeboah ◽  
Anthony Donkor ◽  
Frank Osei Tutu ◽  
Richard Kaanye Dier
Keyword(s):  
Interest Rate ◽  
Linear Regression ◽  
Multiple Linear Regression ◽  
Poverty Reduction ◽  
Sampling Procedure ◽  
High Interest Rate ◽  
Credit Access ◽  
Access To Credit ◽  
Coefficient Of Concordance ◽  
Cocoa Farmers

Access to credit is one of the critical areas that are of prime interest to development practitioners, agribusiness entrepreneurs and agricultural economists, mainly access to credit by farmers in order to increase their production and also reduce poverty. This study sought to analyze the determinants of credit access among cocoa farmers in the Asunafo North of the Ahafo Region of Ghana. The multistage sampling procedure was used to collect data from 100 cocoa farmers with the aid of a questionnaire. Sources of credit, factors influencing access to credit, and constraints to credit were analyzed with the aid of descriptive statistics, multiple linear regression, and Kendall’s coefficient of concordance respectively. The results of multiple linear regression revealed that, age, marital status, education, experience, and family size were significant factors that influenced access to credit. The constraints analysis with the aid of Kendall’s coefficient of concordance showed that, high interest rate was highly ranked with a mean score of 1.93 whilst the need for a guarantor was least ranked with a mean score of 7.40. Based on the results, the study recommended that a policy aimed at expanding formal and semi-formal financial institutions credit portfolio to embrace cocoa farmers by finding alternative to collaterals and also reducing the interest rate will improve credit access with a positive externality effect of poverty reduction among cocoa farmers in the study area. JEL Classification: Q14

Identification of factors associated with satisfaction of farmers-group members in Kwara State Nigeria

2020 ◽  
Vol 2 (1) ◽  
Author(s):  
Sola Emmanuel Komolafe ◽  
Adeseye Olusikemi Awoyemi ◽  
Saheed Olayinka Jimba ◽  
Gbolagade Benjamin Adesiji
Keyword(s):  
Formal Education ◽  
Sampling Procedure ◽  
Farm Size ◽  
Chi Square ◽  
Access To Credit ◽  
Factors Associated ◽  
Level Of Satisfaction ◽  
Farm Credit ◽  
Group Members ◽  
And Performance

The satisfaction of members is fundamental to group cohesion and eventual maximization of the potential of farmer groups as catalysts for agricultural and rural development in Nigeria. The study examined the factors associated with membership satisfaction in Irepodun Local Government Area of Kwara State, Nigeria. A two-stage random sampling procedure was used to select 120 respondents on which a questionnaire was administered. Descriptive statistics involving frequency counts, percentages, means and the Likert scale were used to present the results of the study. Pearson’s Product Momment Correlation and Chi-square analyses were used to test the hypotheses of the study. The result revealed that all the members were male (100%), married (97.5%) and had no formal education (68.3%). The groups were well organized as revealed by their regular meetings, democratically elected leadership and payment of dues. However joint ownership of assets was poor among the groups. Majority of the members benefitted in farm credit (100%), social gains (92.5%) and input distribution (73.3%). A moderate level of satisfaction (mean=3.01) was observed among members mostly in usage of monthly due (mean=4.62), timing of farmer's group (mean=4.06) and performance of your group officials (4.00). The factors associated with membership satisfaction were farm size and household size while derivation of benefits such as access to credit, input, extension training and social gains also positively influenced membership satisfaction. The study concluded that membership satisfaction was moderate and influenced by the identified factors. It therefore recommended farmers group should consider farm size of each members while distributing benefits like farm credit and inputs.

scholarly journals Socioeconomic Determinants of Farmers’ Participation in Off-Farm Income Employment in Ezza South Local Government Area of Ebonyi State, Nigeria.

2020 ◽  
Vol 8 (2) ◽  
Author(s):  
Samuel Ucha ◽  
Ume Smiles ◽  
Justin Nnaji
Keyword(s):  
Local Government ◽  
Sampling Procedure ◽  
Study Data ◽  
Household Size ◽  
Local Government Area ◽  
Limiting Factors ◽  
Farm Size ◽  
Farm Income ◽  
Extension Services ◽  
Access To Credit

The socio-economic determinants of farmers’ participation in off-farm income employment in Ezza south local government area of Ebonyi state, Nigeria were studied. The specific objectives of the study were to describe the socio-economic characteristics of the farmers, identify the off-farm income employments participated by the farmers, ascertain the determinants of farmers’ participation in off-farm income employments and identify the limiting factors to the farmers’ participation in off-farm income employments in the study area. A multi-stage random sampling procedure was used to select respondents for the study. One hundred and twenty farmers (120) were randomly selected for the study.  Data collected were analyzed using percentage responses and frequency distribution, logistic regression and 4-point Likert scale. The findings revealed that the farmers that participated in off-farm income activities were aged, educated, well experienced, large farm size, females, married and large household size. The result further revealed that high proportion of the respondents engaged in civil service, trading, motor cycle riders, auto mechanics and tricycle riders. The determinants factors to the farmers’ participants in off farm employments were household size, education level, farming experience, farm size and membership of cooperative societies. Factors limiting farmers’ participation in off-farm activities were high level of Illiteracy, poor access to credit facility, old age, inadequate power supply, poor extension services and ill health of farmers identified. There is need to enhance farmers’ access to extension services, educational program, encouraged farmers to join or form cooperatives.

scholarly journals Economics of Yam Production in Gboyin Local Government Area of Ekiti State, Nigeria

2020 ◽  
pp. 99-110
Author(s):  
O. C. Ariyo ◽  
M. B. Usman ◽  
M. M. Olorukooba ◽  
O. E. Olagunju ◽  
O. B. Oni ◽  
...  
Keyword(s):  
Local Government ◽  
Formal Education ◽  
Tertiary Education ◽  
Sampling Procedure ◽  
Study Data ◽  
Local Government Area ◽  
Farm Size ◽  
Farm Income ◽  
Planting Materials ◽  
Relationship Of

The study of economics of yam production was carried out in Gboyin Local Government Area of Ekiti State, Nigeria. The specific objectives are to: describe the socio-economic characteristics of yam farmers, determine and analyse the profitability of yam production, determine the input and output relationship of yam production and identify constraints to yam production. Three- stage sampling procedure was used to obtain information from respondents. A total number of 140 respondents selected randomly from four towns (Ode- Ekiti, Agbado, Aisegba and Ilumoba) were used for the study. Data were collected with interview schedule administered to obtain information from the farmers. Descriptive statistics, budgetary, profitability and multiple regression analysis were used to analyse the data. The result of the study showed that both males and females are involved in yam production in the study area with mean age of 45 years and mean household size of 5 members. The mean faming experience and farm size was 10 years and 1.83 hectares respectively. Majority (83.57%) had formal education (primary, secondary and tertiary education) and had no access to loans. The result of budgetary analyses showed that yam production is profitable with an average net farm income of N 91, 876.50 per production season. The profitability indicators revealed that the enterprise is viable and worthwhile. The coefficient of both fertilizer and farm size were significant at (P< 0.001), labour at (P< 0.05) while the coefficient of seed was significant at (P< 0.10) probability level. These variables are very vital and crucial in yam production. Inadequate capital and planting materials, high cost and inaccessibility to inputs, and poor produce price etc are the problems of yam production in the study area. It was concluded that yam production is a profitable, viable and worthwhile enterprise which can be embarked upon by both the youths and adults of the study area.

scholarly journals Extension Activities for Arable Crops Production in Akure South Local Government Area, Ondo State, Nigeria

1970 ◽  
Vol 22 (1) ◽  
pp. 1-10
Author(s):  
O.V. Ayodele ◽  
M.O. Akindele
Keyword(s):  
Local Government ◽  
Formal Education ◽  
Sampling Procedure ◽  
Local Government Area ◽  
Farm Size ◽  
Extension Service ◽  
Extension Services ◽  
Arable Crops ◽  
Arable Crop ◽  
Ondo State

The study examined agricultural extension activities for arable crops production in Akure South Local Government Area (LGA), Ondo State, Nigeria. Multistage sampling procedure was used to select respondents. Data were collected using interview schedule, and analyzed using descriptive statistics and Chi-square. Most respondents (65.6%) were male, 77.1% had formal education with a mean age of 47 years and an average household size of five (4). Furthermore, 80.2% had less than five hectares of land for arable crop farming while 40% of the respondents farmed for family consumption only. Major source of extension services was government agencies. The most accessed services were; choosing of planting dates and introduction to improved seedlings with a mean score of 3.18 and 3.13 respectively. A significant relationship existed between farmers’ perception about extension service and most socio economic characteristics such as; age (χ2 =57.92, P≤0.05) and farm size (χ2 = 65.283, P≤0.05). The study concluded that extension services in the study area were highly accessed and that farmers have high perception about extension services. It recommends more private agencies participation in extension services.Keywords: Extension service, arable crop farmers and perception.

Assessment of profitability and risk management in vegetable production in Ogun State, Nigeria

2021 ◽  
Vol 1 (2) ◽  
pp. 029-035
Author(s):  
Akinbola Adeyose Emmanuel
Keyword(s):  
Risk Management ◽  
Fertilizer Application ◽  
Sampling Procedure ◽  
Study Data ◽  
Least Square ◽  
Farm Size ◽  
Farm Income ◽  
Vegetable Production ◽  
Gross Margin ◽  
Ogun State

The study examined the performance and risk management of vegetable production in Ogun State, Nigeria. A multistage sampling procedure was used to select 120 respondents for the study. Data were collected through a well-structured questionnaire and personal interview schedule. Descriptive statistics and inferential statistics such as Ordinary Least Square (OLS) were used for the analysis of this study. The results found out that lack of discriminating pricing system, conflict in policy making, and high cost of inputs affect the market prices and as well serve as the main production risks that were observed by the farmers in the area. The average cost incurred for the production was about ₦6,908, while the total revenue accrued was ₦41,751. The gross margin and net farm income realized per production season were ₦36,973 and ₦34,843, respectively. The value (6.0) of return on investment showed that farmers realized times six of their investment. The variables such as household size, farm size, fertilizer application and equipment were the main determinants of vegetable production in the area. Also, the main challenges faced by the farmers were the infestation of pests and diseases, inadequate funds and climate change consequences. Therefore, it is recommended that the vegetable farmers should be encouraged through technical training on innovative approach to price determination and forming of functioning market structure in the area.

scholarly journals Assessment of Forestry Laws Compliance among Farmers in Rural Forest Communities of Plateau State, Nigeria

2020 ◽  
pp. 33-46
Author(s):  
S. K. Vihi ◽  
B. Jesse ◽  
A. A. Dalla ◽  
Y. Sadiku
Keyword(s):  
Formal Education ◽  
Agricultural Land ◽  
Rating Scale ◽  
Sampling Technique ◽  
Study Data ◽  
Farm Size ◽  
Forest Communities ◽  
Forest Reserve ◽  
Rural Forest ◽  
Plateau State

The study assessed compliance with forestry laws among rural farmers in rural forest communities of Plateau State, Nigeria. The specific objectives of this study were to; describe the socio-economic characteristics of the rural forest farm families in the study area, examine the level of awareness of forestry laws in the study area, ascertain the level of compliance with forestry laws in the study area and identify the perceived constraints to forestry laws compliance in the study area. The population of the study consists of all the farmers in the rural forest communities of Plateau State. Multi-stage sampling technique was used to select a total number of 216 respondents for the study. Data for the study was garnered using structured questionnaire designed in line with objectives of the study. Analysis of the data was done using descriptive statistics and five point likert rating scale. Log it regression was used to test the hypothesis of the study. Findings revealed that the mean age of the farmers was 39 years with majority (61.0%) of them being male. The result also revealed that 85.0% of the respondents were married with majority (57.0%) of the respondents having non-formal education. The average household size of the respondents was 7 persons and average farm size of 2.5 hectares. The result further shows that only 49.0% of the farmers had contact with extension agents between 1 and 5 times in the last one year. Results indicate that farmers’ level of compliance with forestry laws in the study area was poor. The few forestry laws complied with in the study area were: law prohibiting the pasturing or grazing of cattle in the forest reserve (X=3.02), law prohibiting the erection of buildings or roads in the forest reserve (X=3.85) and law prohibiting kindling of fire in the forest reserve (X=3.54).Constraints to compliance with forestry laws includes; Perceived lack of fairness of tree tenure (79%), lack of alternative economic opportunities (87%), as a constraint to forest law compliance in the study area, lack of awareness of forest laws (71%), increased demand for agricultural land (42%), general lack of perceived legitimacy (33%), Corruption in government institutions (28%) and weak law enforcement (5%). The null hypothesis was rejected. The study recommends that, a zero tolerance policy on non-compliance with forestry laws should be put in place to checkmate indiscriminate exploitation of forest resources.

scholarly journals DETERMINANTS OF HOUSEHOLD’S POVERTY AMONG CROP FARMERS IN KADUNA STATE, NIGERIA

2021 ◽  
Vol 5 (1) ◽  
pp. 529-538
Author(s):  
B. D. Adamu ◽  
F. Tanko ◽  
T. M. Barnabas ◽  
E. U. Adejoh
Keyword(s):  
Formal Education ◽  
Sampling Procedure ◽  
Study Data ◽  
Tobit Regression ◽  
Extension Agent ◽  
Governmental Organizations ◽  
Non Governmental Organizations ◽  
Multi Stage ◽  
Poverty Status ◽  
Tobit Regression Analysis

This study examined the households’ poverty status among crop farmers in Kaduna State. Multi-stage sampling procedure was used to select 242 farmers for this study. Data were collected through using structured questionnaire with the help of trained enumerators. Descriptive and inferential statistics such as tobit regression and Foster, Greer and Thorbecke (FGT) model was employed in this study. The results showed that the mean age of the respondents was 45 years and were married, mean household size of the farmers was 11 persons, and about (80.6%) had formal education. The poverty situation of the farmers revealed that 51% were poor and the strategies adopted by the farmers to combat poverty were mostly through diversification into commercial farming, increased personal savings and involvement in non-farming activities. Tobit regression analysis revealed that age, household and income negatively influences the poverty status of the farmers, statistically significant at 1%, this implied that, poverty is concentrated among households in the study area. Major constraints encountered by the crop farmers, include high cost of inputs, inadequate credit facilities and inadequate market linkages. In conclusion, poverty incidence had a negative and significant effect on rural crop farmers. It was recommended that farmers should form cooperative societies to access micro loan; farmer should be linked to the urban market through extension agent and media to attract good value for their crops. Government and Non-Governmental Organizations (NGOs) should make farm inputs readily available at a subsidized rate

scholarly journals Knowledge Sharing between Farmer Field School Graduate Farmers and Other Farmers on Improved Cocoa Cultivation Practices in Edo State, Nigeria

2012 ◽  
Vol 2 (2) ◽  
pp. 85
Author(s):  
Solomon O. Ebewore
Keyword(s):  
Knowledge Sharing ◽  
Sampling Procedure ◽  
Farm Size ◽  
Shared Knowledge ◽  
Regression Result ◽  
Logit Regression ◽  
Edo State ◽  
Socio Economic Variables ◽  
Multistage Sampling ◽  
Cocoa Farmers

<p>This paper investigated the extent of knowledge sharing by cocoa FFS graduates farmers in Edo State with other cocoa farmers. The objectives of the study included to: ascertain the extent of knowledge sharing by FFS farmers, the nature of knowledge shared and the number of beneficiaries from the shared knowledge. A multistage sampling procedure was used to collect data from 68 respondents. A well structured questionnaire was used for data collection. Simple descriptive statistics (frequency counts and percentages) and logit regression were used to analyze the data. The results of the study showed that there was no significant sharing of knowledge by the FFS farmers with other farmers as only 13(19.1%) FFS farmers were involved in knowledge sharing. The logit regression result showed that all the socio-economic variables except household size and farm size were insignificant in influencing the FFS farmers’ knowledge sharing abilities. From the findings of the study, it was therefore recommended that FFS graduate farmers should be encouraged to sign knowledge sharing contract, to organize field day and the need for FFS facilitators to monitor the graduates to ensure that the contractual agreement is adhered to should be stressed.</p>

scholarly journals COMPOSITION AND DETERMINANTS OF RURAL NON-FARM INCOME DIVERSIFICATION IN NIGERIA

2020 ◽  
Vol 57 (3) ◽  
Author(s):  
Oluseyi Olutoyin Olugbire ◽  
Oluwatosin Esther Obafunsho ◽  
Titilope Omolara Olarewaju ◽  
Ruth Ibukun Kolade ◽  
Festus Abiodun Odediran ◽  
...  
Keyword(s):  
Poverty Reduction ◽  
Formal Education ◽  
Rural Households ◽  
Farm Size ◽  
Living Standard ◽  
Farm Income ◽  
National Bureau ◽  
Access To Credit ◽  
Poor Households ◽  
Reduction Strategies

Farming has been considered as main source of income for rural households in Nigeria, despite their involvement in other income generating activities. Focusing on income derivable from farming alone may be partially responsible for the ineffective poverty reduction strategies in Nigeria. Using the National Living Standard Survey data collected by the National Bureau of Statistics, this paper investigated the composition and determinants of non-farm incomes of rural households in Nigeria. The results show that the share of farm, non-farm wage (NFW)- and self-employment (NFS) incomes in total household incomes were 24.3%, 43.0% and 23.7% respectively. Households whose heads are male (0.647), had formal education (0.522), increased the likelihood of households’ participation in NFW activities, while access to credit (-0.307) and having larger farm size (-0.221) decreased it. Access to credit (0.379); community participation (0.103); larger family size (0.193) and possession of capital assets (0.069) increased the likelihood of participation in NFS-employment activities, while having larger farm size (-0.211) decreased it. The study concludes that policy targeting poverty reduction should focus on providing enabling environment for poor households’ access to non-farm activities in the study area.

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