scholarly journals Loan Repayment among Sm all-Holder Maize Farmers in Kanke Local Government Area of Plateau State, Nigeria

2014 ◽  
Vol 2 (1) ◽  
pp. 30-36 ◽  
Author(s):  
J. A. C. Ezihe ◽  
V. U. Oboh ◽  
A. A. Hyande
Keyword(s):  
Interest Rate ◽  
Local Government ◽  
Market Price ◽  
Local Government Area ◽  
Loan Repayment ◽  
High Interest Rate ◽  
Farm Produce ◽  
Plateau State ◽  
Loan Size ◽  
Small Holder

The main objectives of this study were to access the loan repayment performance of small-holder maize farmers in Kanke Local Government Area of Plateau State. A sample of 90 farmers was randomly selected and analyzed using percentages, means, and multiple regression. Results show that farmers received on average of ₦75,000 as loan. A large proportion of the farmers adopted mixed varieties of maize. Untimely loan disbursement, low market price of farm produce, and high interest rate were the major constraints militating against loan repayment. It was recommended that more credit from formal sources should be made available in large loan size to farmers. In addition, loan disbursement should be timely to avoid diversion while successful applicants should be trained on proper loan management.

scholarly journals Determinants of Loan Repayment among Small-scale Cassava Farmers in Akpabuyo Local Government Area of Cross River State, Nigeria

2019 ◽  
pp. 1-11
Author(s):  
O. O. Kuye ◽  
T. O. Edem
Keyword(s):  
Interest Rate ◽  
Local Government ◽  
Local Government Area ◽  
Farm Income ◽  
Small Scale ◽  
Loan Repayment ◽  
High Interest Rate ◽  
Cross River ◽  
Cross River State ◽  
Short Period

This study investigated the determinants of loan repayment among small-scale cassava farmers in Akpabuyo Local Government Area of Cross River State, Nigeria. Data were collected with structured questionnaire from 160 randomly selected farmers. Data were analyzed using simple descriptive statistics, multiple regression and likert scale. Results showed that males were dominant (56.6%) in cassava production and majority (37.5%) were between 41-50 years. About 50% had farm income of less than N100,000.00 while about 46.3% had less than N50,000.00 as their off-farm income. Also, the results found that majority (44.4%) obtained loans from informal sources. Factors  that significantly affected loan repayment include off-farm income and interest rate (p ≤ 0.05) and farm income (p ≤ 0.05). The major causes of loan diversion were seasonal activities  in the agricultural sector (66.9%) and inadequate sustainable income (65.6%) among others. The major constraints faced by the farmers in terms of loan repayment were high interest rate and short period of repayment among others. Government should encourage the formal loan sources to open branches in the rural areas for easy loan accessibility by farmers and to obtain loan with moderate interest rate.

scholarly journals Analysis of Smallholder Farmers Repayment of Bank of Agriculture Loan in Ezza South Local Government Area of Ebonyi State, Nigeria (2009-2018)

2021 ◽  
Vol 8 (4) ◽  
pp. 198-208
Author(s):  
Mbam B. N ◽  
Nwibo S. U ◽  
Nwofoke C ◽  
Egwu P. N ◽  
Odoh N.E
Keyword(s):  
Interest Rate ◽  
Local Government ◽  
Smallholder Farmers ◽  
Primary Source ◽  
Sampling Technique ◽  
Payback Period ◽  
Local Government Area ◽  
High Rate ◽  
High Interest Rate ◽  
High Interest

Smallholder farmer’s repayment of Bank of Agriculture (BOA) loan in Ezza South Local Government Area of Ebonyi State was studied using 120 smallholder farmer beneficiaries selected using multistage sampling technique. Data were collected from primary source only using structured questionnaire and analyzed using both descriptive and inferential statistics. Results showed default of 32.3% as out of N333, 997,620.50 were disbursed to the farmers a total of N226, 080,887.00 were repaid. However, the socioeconomic characteristics of the loan beneficiaries contributed about 75 % (R2 = 0.754) significant influence on repayment of Bank of Agriculture loan. Meanwhile, high interest rate, excessive bureaucracy, high rate of illiteracy, late approval of loan, lack of collateral, short payback period, and low farm output were identified as the major constraints to the repayment of BOA loan. It is recommended that as a measure to promote efficient and timely repayment of BOA loans by the farmers, management of BOA should address the institutional factors such as high interest rate, excessive bureaucracy and late approval of loan, high-value collateral and short payback period that were identified as the major constraints to BOA loan repayment.

Proximate Analysis and Mineral Composition of Jatropha curcas Seeds Obtained from Pankshin Local Government Area of Plateau State of Nigeria

2018 ◽  
Vol 08 (01) ◽  
Author(s):  
Magu Thomas Odey ◽  
Louis Hitler ◽  
Nzeata Ibe Nelson ◽  
Sunday Esther Aniedi ◽  
Udowo Victor Malachy ◽  
...  
Keyword(s):  
Local Government ◽  
Mineral Composition ◽  
Jatropha Curcas ◽  
Proximate Analysis ◽  
Local Government Area ◽  
Plateau State

Nutritional status of schoolchildren in Jos East Local Government Area of Plateau State, North Central Nigeria

2017 ◽  
Vol 19 (1) ◽  
pp. 56 ◽  
Author(s):  
RoseO Abah ◽  
SelineN Okolo ◽  
Collins John ◽  
MarthaO Ochoga ◽  
RuthO Adah
Keyword(s):  
Local Government ◽  
Nutritional Status ◽  
Local Government Area ◽  
North Central ◽  
Plateau State

scholarly journals Prevalence of African trypanosomosis in cattle and sheep in Bassa local government area of Plateau State, Nigeria

2018 ◽  
Vol 16 (3) ◽  
pp. 11 ◽  
Author(s):  
C.O. Idehen ◽  
O.O. Ishola ◽  
I.G. Adeyemi ◽  
G Abongaby ◽  
O.O. Olaleye ◽  
...  
Keyword(s):  
Local Government ◽  
Local Government Area ◽  
Plateau State ◽  
Cattle And Sheep
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