Micro-Credit Constraints.pdf

ijtsrd89.pdf
Preview of Micro-Credit Constraints
🔗 Source: ijtsrd.com
📊 Size: 485 KB
📄 Pages: 6 pages
⬇️ Downloads: 281

Summary

The study examined constraints to accessing micro-credit/loan schemes of the Bank of Agriculture among farmers in Enugu State, Nigeria. It found that 88.6% of farmers patronized the micro-credit/loan scheme, but were constrained by late release of funds, excessive bureaucracy, and short payback periods. The Bank of Agriculture staff were also constrained by late release of approved funds, loan diversion, and poor funding. The study recommends awareness campaigns and timely release of funds to enable farmers to make judicious use of the credit/loan scheme for optimum productivity.

Description

The study examined constraints to accessing micro-credit/loan schemes of the Bank of Agriculture among farmers in Enugu State, Nigeria.

Technical Information

  • File Format: PDF
  • File Size: 485 KB
  • Pages: 6
  • Language: EN
  • Total Downloads: 281
  • Last Updated: 7 hours ago

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