Northampton Electronic Collection of Theses and Research

Effects of Micro-Credit Scheme on Rice Production among Smallholder Farmers in Kwali Area Council, Abuja

Obagbemi, S. D., Bamidele, J., Bako, H., Alabuja, E. O., Ajayi, A. H. and Senuga, S. O. (2022) Effects of Micro-Credit Scheme on Rice Production among Smallholder Farmers in Kwali Area Council, Abuja. European Journal of Business and Management Research. 7(6), pp. 26-34. 2507-1076.

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Obagbemi_etal_EJBMR_2022_Effects_of_Micro-Credit_Scheme_on_Rice_Production_among_Smallholder_Farmers_in_Kwali_Area_Council_Abuja
Obagbemi_etal_EJBMR_2022_Effects_of_Micro_Credit_Scheme_on_Rice_Production_among_Smallholder_Farmers_in_Kwali_Area_Council_Abuja.pdf - Published Version
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Abstract:
This study examined the effects of microcredit schemes on rice production among smallholder farmers in Kwali area council Abuja, FCT. A survey research design was employed in the study. A total of 100 respondents were used in the study and they were sampled using a multi-stage sampling technique. Primary data was used for the study, and these were collected using well–structured questionnaires Regression analysis based on Cobb-Douglas model was conducted to check how micro-credit influences productivity. Based on the findings, it was discovered that 60% of the respondents were male, 52% were married with an average household size of 5 persons. Results further revealed that 70% of the respondents had 5-15 years of farming experience, and 45% of the respondents had secondary education. The main source of credit accessed by the smallholder farmers is the cooperative society. The study revealed as follows; educational level, household size, farming experience and access to credit were the significant variables that increased rice production among smallholder farmers. This study recommends that commercial banks should ensure that agricultural loan is giving priority, especially to smallholder farmers, as this will enhance the increase in quantity and quality of rice production.
Uncontrolled Keywords:
/dk/atira/pure/sustainabledevelopmentgoals/decent_work_and_economic_growth
Creators:
Obagbemi, S. D., Bamidele, J., Bako, H., Alabuja, E. O., Ajayi, A. H. and Senuga, S. O.
Faculties, Divisions and Institutes:
Faculties > Faculty of Business & Law > Economics, Intl Relations & Development
Date:
3 November 2022
Date Type:
Publication
Page Range:
pp. 26-34
Journal or Publication Title:
European Journal of Business and Management Research
Volume:
7
Number:
6
Number of Pages:
9
Language:
English
DOI:
10.24018/ejbmr.2022.7.6.1666
ISSN:
2507-1076
Status:
Published / Disseminated
Refereed:
Yes
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