IDEAS home Printed from https://ideas.repec.org/p/ags/fama07/54383.html
   My bibliography  Save this paper

Cross Categorical Analyis Of Factors Influencing Agricultural Credit Delivery Decisions By Cooperative Societies In Edo And Delta States, Nigeria

Author

Listed:
  • Alufohai, Grace Oghenerobor
  • Erhabor, P.O.

Abstract

The study examined the factors influencing farm credit delivery decisions by Cooperative Societies in Edo and Delta States. Primary data were obtained from 809 loan applications selected from 80 Cooperative Societies purposively selected from 16 LGAs with the assistance of the Ministries of Commerce and Industry. Descriptive statistics and the logit model were used to analyse the data. The results showed that all the Cooperative Societies were multipurpose, but with credit delivery as their major function. They had a male to female ration of 4:1 and a high loan approval rate of 95%. Gender, age and educational level were examined as factors influencing loan decisions. The results of the cross-categorical analysis of the 2x2x2x2 model showed that being a male above 40 years old with no formal education had the highest possible likelihood of increasing the probability of loan decision being positive. The combined effect of all the factors however showed high statistical significance with a Chi square (Χ2) value of 29.20 and a likelihood ratio (G2) of 35.01 at 1%. The study therefore concluded that the major factors influencing the loan delivery decision were gender and age as formal education did not seem to enhance the decision.

Suggested Citation

  • Alufohai, Grace Oghenerobor & Erhabor, P.O., 2007. "Cross Categorical Analyis Of Factors Influencing Agricultural Credit Delivery Decisions By Cooperative Societies In Edo And Delta States, Nigeria," FAMAN Conference 2007 54383, Farm Management Association of Nigeria (FAMAN).
  • Handle: RePEc:ags:fama07:54383
    DOI: 10.22004/ag.econ.54383
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/54383/files/Cross%20Categorical%20Analysis.pdf
    Download Restriction: no

    File URL: https://libkey.io/10.22004/ag.econ.54383?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    Agribusiness; Agricultural Finance;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:fama07:54383. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.