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Determinants of Credit Demand in Uganda

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  • F N Okurut

Abstract

This study, using household data for 1999/2000, investigates the determinants of credit demand in the broader financial sector in Uganda, which comprises both formal and informal institutions. The main objective of the study is to ascertain if the determinants of credit demand in Uganda are consistent with the findings of similar research in other developing countries. Nationally and regionally, the urban as well as rural logit model show that age, gender, level of education, household expenditure and the dependency ratio, all significantly and positively influence credit demand in the broader financial sector which is consistent with empirical literature.

Suggested Citation

  • F N Okurut, 2007. "Determinants of Credit Demand in Uganda," The IUP Journal of Monetary Economics, IUP Publications, vol. 0(3), pages 6-23, August.
  • Handle: RePEc:icf:icfjmo:v:05:y:2007:i:3:p:6-23
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    Cited by:

    1. Tanmoyee Banerjee & Malabika Roy & Chandralekha Ghosh, 2010. "Does Political Identity Matter in Rural Borrowing? Evidence from a Field Survey," Journal of South Asian Development, , vol. 5(1), pages 137-163, April.

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