0

BOOKMARKS

0

READ

46

DOWNLOADS

115

VIEWS

0

REVIEWS

ENGLISH

ENGLISH

An Evaluation of the Factors Influencing the Amount of Loan Obtained by the Food Crop Farmers in Kogi State

By Dr. Adofu Ilemona

Summary

This study examines the factors influencing the output of food crop farmers loan beneficiaries of BOA in Kogi State, Nigeria. Using a multi-stage random sampling technique, three agricultural zones in Kogi State ( Zone A, B AND C) were chosen. Primary data were collected through the use of structured questionnaire which were administered to farmers who are clients of BOA. The major tools of data analysis were econometric and statistical techniques, such as means, percentages and regression. The sampled food crop farmers were mostly males. The literacy level of the food crop farmers’ loan beneficiaries was above average (69.45) and the mean years of experience of respondent was 18 years. The most important factors that influenced the output of food crop farmers’ loan beneficiaries are amount of loan obtained and household savings invested. The study recommend the need to emphasize on the major factors that influence the output of food crop farmers loan beneficiaries in drawing up agricultural policy for Nigeria.
An Evaluation of the Factors Influencing the Amount of Loan Obtained by the Food Crop Farmers in Kogi State
 
0.0 (0 reviews)

Published: February 2, 2018

Uploaded by: Dr. Adofu Ilemona

Read Online

Your download will begin automatically, if it's taking too long click here

Share this entry

Abstract

This study examines the factors influencing the output of food crop farmers loan beneficiaries of BOA in Kogi State, Nigeria. Using a multi-stage random sampling technique, three agricultural zones in Kogi State ( Zone A, B AND C) were chosen. Primary data were collected through the use of structured questionnaire which were administered to farmers who are clients of BOA. The major tools of data analysis were econometric and statistical techniques, such as means, percentages and regression. The sampled food crop farmers were mostly males. The literacy level of the food crop farmers’ loan beneficiaries was above average (69.45) and the mean years of experience of respondent was 18 years. The most important factors that influenced the output of food crop farmers’ loan beneficiaries are amount of loan obtained and household savings invested. The study recommend the need  to emphasize on the major factors that influence the output of food crop farmers loan beneficiaries in drawing up agricultural policy for Nigeria.

About the Author

Dr. Adofu Ilemona

Dr. Adofu Ilemona

Reviews

No reviews yet.

Add Review