SUPERVISED CREDIT AND THE FINANCE OF SMALL FARM HOLDINGS IN RURAL NIGERIA
C.J. Arene, A. 0. Eze
Abstract
The study attempts to analyze the impact of credit supervision on the finances and productivity of small farm holdings in Enugu State, Nigeria. The results show that number of farmers supervised had an inverse relationship with the farmers' income level, while length of service as supervisors, level of formal training in agriculture, and number of farm visits show direct income level relationship. Tobit regression analysis results reveal that the chances of farmers becoming good credit risks will increase when loan size, farm size, income, age, farming experience, formal education level, adoption of innovations, and credit needs increase, while their chances of becoming bad credit risks will increase when distance between home and source of loan, household size, and credit needs increase in magnitude. Programs aimed at increasing the farmers' productivity and income level are among others recommended.
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References
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