Determinants of Credit Constraint among Smallholder Farmers’ Co-Operators in Oyo State, Nigeria

Oluwaseun Komolafe; Akaninyene Obot; David Oluwafisayo Ikotun; Ikechukwu Samuel Obiajulu

Makale detayları

Determinants of Credit Constraint among Smallholder Farmers’ Co-Operators in Oyo State, Nigeria

Yazarlar:

Oluwaseun Komolafe | Akaninyene Obot | David Oluwafisayo Ikotun | Ikechukwu Samuel Obiajulu

Yayıncı:

Karyay Karadeniz Yayımcılık

Ana Başlıklar:

Hayvansal Üretim (Diğer)

Dergi:

Black Sea Journal of Agriculture Vol.7 Issue 6, pp.613-621

Belge Tipi:

Makale

Yayın Tarihi:

11/2024

Belge Dili:

İngilizce

Document ID (Org No.):

2001325524

pISSN:

2618-6578

Anahtar kelimeler:

Özet:

 Credit constraint CC has been identified as one of the factors that diminish the production efficiency of farmers. Although Multipurpose Cooperative Societies MCS have been identified as an avenue to reduce CC among farmers, CC persists. Thus, the effectiveness of MCS in credit delivery and the determinant of CC of co-operators were examined. A four-stage sampling procedure was used where Oyo State was purposively selected based on high numbers of registered Agricultural Cooperative Societies. One block was selected from each zone of the four Agricultural Development Project zones. Two cells were randomly selected from each block. Multi-purpose cooperative societies from each of the cells were randomly selected. Co-operators were randomly selected proportionate to size and in all, 200 respondents were randomly selected. Co-operators access credit, inputs, tractors, market information and processed their produce by MCS. Female co-operators were more credit constraint than their male counterparts. Education, default history farming experience, monthly contributions and dependency ratio were the determinants of credit constraint. Default history has the highest impact in determining credit constraint of co-operators, therefore conscious effort is needed by co-operators to avoid it occurrence. Credits should be made available to farmers through cooperative societies to enhance their efficiency.

 Credit constraint CC has been identified as one of the factors that diminish the production efficiency of farmers. Although Multipurpose Cooperative Societies MCS have been identified as an avenue to reduce CC among farmers, CC persists. Thus, the effectiveness of MCS in credit delivery and the determinant of CC of co-operators were examined. A four-stage sampling procedure was used where Oyo State was purposively selected based on high numbers of registered Agricultural Cooperative Societies. One block was selected from each zone of the four Agricultural Development Project zones. Two cells were randomly selected from each block. Multi-purpose cooperative societies from each of the cells were randomly selected. Co-operators were randomly selected proportionate to size and in all, 200 respondents were randomly selected. Co-operators access credit, inputs, tractors, market information and processed their produce by MCS. Female co-operators were more credit constraint than their male counterparts. Education, default history farming experience, monthly contributions and dependency ratio were the determinants of credit constraint. Default history has the highest impact in determining credit constraint of co-operators, therefore conscious effort is needed by co-operators to avoid it occurrence. Credits should be made available to farmers through cooperative societies to enhance their efficiency.

 Credit constraint CC has been identified as one of the factors that diminish the production efficiency of farmers. Although Multipurpose Cooperative Societies MCS have been identified as an avenue to reduce CC among farmers, CC persists. Thus, the effectiveness of MCS in credit delivery and the determinant of CC of co-operators were examined. A four-stage sampling procedure was used where Oyo State was purposively selected based on high numbers of registered Agricultural Cooperative Societies. One block was selected from each zone of the four Agricultural Development Project zones. Two cells were randomly selected from each block. Multi-purpose cooperative societies from each of the cells were randomly selected. Co-operators were randomly selected proportionate to size and in all, 200 respondents were randomly selected. Co-operators access credit, inputs, tractors, market information and processed their produce by MCS. Female co-operators were more credit constraint than their male counterparts. Education, default history farming experience, monthly contributions and dependency ratio were the determinants of credit constraint. Default history has the highest impact in determining credit constraint of co-operators, therefore conscious effort is needed by co-operators to avoid it occurrence. Credits should be made available to farmers through cooperative societies to enhance their efficiency.

 Credit constraint CC has been identified as one of the factors that diminish the production efficiency of farmers. Although Multipurpose Cooperative Societies MCS have been identified as an avenue to reduce CC among farmers, CC persists. Thus, the effectiveness of MCS in credit delivery and the determinant of CC of co-operators were examined. A four-stage sampling procedure was used where Oyo State was purposively selected based on high numbers of registered Agricultural Cooperative Societies. One block was selected from each zone of the four Agricultural Development Project zones. Two cells were randomly selected from each block. Multi-purpose cooperative societies from each of the cells were randomly selected. Co-operators were randomly selected proportionate to size and in all, 200 respondents were randomly selected. Co-operators access credit, inputs, tractors, market information and processed their produce by MCS. Female co-operators were more credit constraint than their male counterparts. Education, default history farming experience, monthly contributions and dependency ratio were the determinants of credit constraint. Default history has the highest impact in determining credit constraint of co-operators, therefore conscious effort is needed by co-operators to avoid it occurrence. Credits should be made available to farmers through cooperative societies to enhance their efficiency.

Makale detayları

Determinants of Credit Constraint among Smallholder Farmers’ Co-Operators in Oyo State, Nigeria

Yazarlar:

Oluwaseun Komolafe | Akaninyene Obot | David Oluwafisayo Ikotun | Ikechukwu Samuel Obiajulu

Yayıncı:

Karyay Karadeniz Yayımcılık

Ana Başlıklar:

Hayvansal Üretim (Diğer)

Dergi:

Black Sea Journal of Agriculture Vol.7 Issue 6, pp.613-621

Belge Tipi:

Makale

Yayın Tarihi:

11/2024

Belge Dili:

İngilizce

Document ID (Org No.):

2001325524

pISSN:

2618-6578

Credit access

Farmers’ groups

Tobit regression

Sayı

Makale detayları

Determinants of Credit Constraint among Smallholder Farmers’ Co-Operators in Oyo State, Nigeria

Yazarlar: Oluwaseun Komolafe | Akaninyene Obot | David Oluwafisayo Ikotun | Ikechukwu Samuel Obiajulu

Yayıncı: Karyay Karadeniz Yayımcılık

Ana Başlıklar: Hayvansal Üretim (Diğer)

Dergi: Black Sea Journal of Agriculture Vol.7 Issue 6, pp.613-621

Belge Tipi: Makale

Yayın Tarihi: 11/2024

Belge Dili: İngilizce

Document ID (Org No.): 2001325524

pISSN: 2618-6578

Credit access

Farmers’ groups

Tobit regression

Sayı

Yazarlar:

Oluwaseun Komolafe | Akaninyene Obot | David Oluwafisayo Ikotun | Ikechukwu Samuel Obiajulu

Yayıncı:

Karyay Karadeniz Yayımcılık

Ana Başlıklar:

Hayvansal Üretim (Diğer)

Dergi:

Black Sea Journal of Agriculture Vol.7 Issue 6, pp.613-621

Belge Tipi:

Makale

Yayın Tarihi:

11/2024

Belge Dili:

İngilizce

Document ID (Org No.):

2001325524

pISSN:

2618-6578