IDEAS home Printed from https://ideas.repec.org/p/ags/fama07/54386.html
   My bibliography  Save this paper

Potentials And Challenges Of Community Banks In Agribusiness Financing For Small Farmers In Jos South Local Government Area Of Plateau State

Author

Listed:
  • Umar, A.G. Owa
  • Obiaga, P.C.
  • Nwafor, O.E.
  • Owa, O.
  • Mbah, A.
  • Akalumhe, C.
  • Maimuna, U.

Abstract

Capital is regarded as a major factor for expanding production and modernizing Agriculture. The need to provide it to farmers is inevitable because it is an instrument in fostering Agricultural development and for improving efficiency in the production process. The contemporary practice of agriculture requires capital support, which is a handicap to small farmers. A research was conducted in Jos South L.G.A to assess the effectiveness of rural credit delivery system of community banks to provide resources to poor farmers. A set of 65 data collection instruments was administered to farmers and bank officials in a multi-stage random selection technique. Descriptive statistics was adopted to analyse socio-economic characteristics of the farmers while inferential statistics was adopted to test the hypotheses of the study. Findings revealed that majority of the farmers are yet to benefit from community banks (88%). The result of the hypotheses test indicates that information gap, inadequate and timely supply of inputs of production, time of loan disbursement, value of loan package are all statistically significant to sourcing of credit from the bank by farmers. It is recommended that farmer friendly banking policy be adopted to encourage farmers to patronize community banks.

Suggested Citation

  • Umar, A.G. Owa & Obiaga, P.C. & Nwafor, O.E. & Owa, O. & Mbah, A. & Akalumhe, C. & Maimuna, U., 2007. "Potentials And Challenges Of Community Banks In Agribusiness Financing For Small Farmers In Jos South Local Government Area Of Plateau State," FAMAN Conference 2007 54386, Farm Management Association of Nigeria (FAMAN).
  • Handle: RePEc:ags:fama07:54386
    DOI: 10.22004/ag.econ.54386
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/54386/files/Potential%20and%20Challenges%20of%20Community%20banks.pdf
    Download Restriction: no

    File URL: https://libkey.io/10.22004/ag.econ.54386?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

    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:fama07:54386. 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.