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We find financing helps make up for deficiencies in farming experience and the absence of crop insurance, such that farmers that have less experience or do not have crop insurance are more likely to adopt productivity enhancing activities. We also find farmers are less likely to spend on output...
Persistent link: https://www.econbiz.de/10012972860
This paper examines how loans made by co-operative societies in rural areas meet the financial needs of their members and, by extension, the role of the co-operative lending in rural finance. The study makes use of primary data from nine focus group discussions comprising seventy two members...
Persistent link: https://www.econbiz.de/10012977455
This paper examines the extent to which savings products offered by cooperative societies in some parts of Nigeria meet …
Persistent link: https://www.econbiz.de/10012977457
Lending financial institutions are noted for almost over relying on collateral for lending and to reduce the problems of farmers and the SMEs the ACGSF was established. The objective of a guarantee scheme is to enable capital constrained but viable projects with inadequate or unacceptable...
Persistent link: https://www.econbiz.de/10013014194
problems and prospects of informal financial institutions in financing agricultural sector in Nigeria using Ado-Ekiti and Oye …-Ekiti Local Government Areas of Ekiti State, Nigeria as case study. This study examines the effect informal finance has on the … activities of agriculture in Nigeria. The methodology employed was descriptive and data were collected using personal oral …
Persistent link: https://www.econbiz.de/10013059336
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The rural space is home to 53 percent of Nigeria's population and more than 70 percent of its poor. While it is well … understood in Nigeria that financial exclusion of the rural population stunts development, still fewer than 2 percent of rural … inequality. While Nigeria's own long history with rural finance shows a clear appreciation for the importance of rural access …
Persistent link: https://www.econbiz.de/10012553075
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