##plugins.themes.bootstrap3.article.main##

This study examined the effects of microcredit schemes on rice production among smallholder farmers in Kwali area council Abuja, FCT. A survey research design was employed in the study. A total of 100 respondents were used in the study and they were sampled using a multi-stage sampling technique. Primary data was used for the study, and these were collected using well–structured questionnaires Regression analysis based on Cobb-Douglas model was conducted to check how micro-credit influences productivity. Based on the findings, it was discovered that 60% of the respondents were male, 52% were married with an average household size of 5 persons. Results further revealed that 70% of the respondents had 5-15 years of farming experience, and 45% of the respondents had secondary education. The main source of credit accessed by the smallholder farmers is the cooperative society. The study revealed as follows; educational level, household size, farming experience and access to credit were the significant variables that increased rice production among smallholder farmers. This study recommends that commercial banks should ensure that agricultural loan is giving priority, especially to smallholder farmers, as this will enhance the increase in quantity and quality of rice production.

Downloads

Download data is not yet available.

References

  1. Abdallah, A. H. (2016). Agricultural Credit and Technical Efficiency in Ghana: Is There a Nexus? Agricultural Finance Review, 76(2), 309-324.
     Google Scholar
  2. Abenga, J. K, Alabuja, F. O., Bako, H., Ajayi, A. H. and Sennuga S.O. (2022): Barriers to Effective Extension Agents and Smallholder Farmer Communication in Gwagwalada Area Council, Abuja, Nigeria, Agricultural Extension Journal, 6(3):101-108
     Google Scholar
  3. Abubakar, S., (2019). Trader moni micro-credit scheme and poverty reduction in Nigeria, International Journal of Political Science. 1(2): 38–42.
     Google Scholar
  4. Adeoye, S. O., & Ugalahi, U. B. (2017). Smallholder food crop farmers’ participation in Bank of Agriculture (BOA) loan scheme in Ogun State, Nigeria. Agrosearch, 17(2), 51-66.
     Google Scholar
  5. Adeyongo, I. L., Chibuike, F., Sennuga, S. O. & Alabuja, F. O. (2022): Adoption of Agricultural Innovations among Rice Farmers in Federal Capital Territory, Nigeria. International Journal of Agriculture Extension and Social Development. 10(6): 12-19.
     Google Scholar
  6. Adjognon, S.G., Liverpool-Tasie, L., & Reardon, T. (2017). Agricultural input credit in Sub-Saharan Africa: telling myth from facts, Food Policy 67; 93–105.
     Google Scholar
  7. Agbodji, A. E. & Johnson, A. A. (2019), “Agricultural credit and its impact on the productivity of certain cereals in Togo”, Emerging Markets Finance and Trade. 1-17.
     Google Scholar
  8. Alam, A.S., Begum H, Masud, M.M, Al-Amin, A.Q, & Leal Filho, W (2020) ‘Agriculture insurance for disaster risk reduction: a case study of Malaysia’, International Journal of Disaster Risk Reduction. Elsevier 47:10-26.
     Google Scholar
  9. Alfa, A. B. & Abdulfatah, H. (2019). Impact Of Micro Credit Facility on Productivity of Rice Farmers’ In Katcha Local Communities Of Niger State, Lapai International Journal Of Management and Social Sciences. 11 (2): 288-296.
     Google Scholar
  10. Alfa, M. K., Sennuga S. O, Barnabas, T. M., Alabuja, F. O. & Ebhohon, A. (2022). Effects of Information and Communication Technology on Youths Participation in Sesame Seed Production in Kwali Area Council, Abuja, Nigeria, Journal of Media & Management, 169 4(04), 1-6.
     Google Scholar
  11. Aliero, I. H., & Yusuf, M. M. (2017). Analysis of constraints to credit access for SMES in Sokoto Metropolis, Asian Journal of Economics Model. 5(2): 167–174.
     Google Scholar
  12. Anas, H. A., Sennuga S. O., Barnabas, T. M., Alabuja, F. O. & Okpala, E. F. (2022). Smallholder Women's Perceptions on the Barriers to Promoting and Processing Local Rice in Gwagwalada Area Council, Abuja, Nigeria, International Journal of Current Research & Academic Review, 10(6), 27-36.
     Google Scholar
  13. Aravindakshan, S., Rossi, F., Amjath-Babu, T. S., Veettil, P. C. & Krupnik, T. J. (2018). Application of a Bias Corrected Meta-frontier Approach and an Endogenous Switching Regression to Analyze the Technical Efficiency of Conservation Tillage for Wheat in South Asia, Journal of Productivity Analysis, 49(2-3), 153-171.
     Google Scholar
  14. Assogba, P. N., Kokoye, S. E. H., Yegbemey, R. N., Djenontin, J. A., Tassou, Z., Pardoe, J., & Yabi, J. A. (2017). Determinants of credit access by smallholder farmers in North-East Benin. Journal of Development and Agricultural Economics, 9(8), 210–216.
     Google Scholar
  15. Awotide, B. A., Karimov, A. A. & Diagne, A. (2016). Agricultural Technology Adoption, Commercialization and Smallholder Rice Farmers’ Welfare in Rural Nigeria, Agricultural and Food Economics, 4(1), 1-24
     Google Scholar
  16. Bahinipatim, C. S. (2020) Assessing the costs of droughts in rural India: a comparison of economic and non-economic loss and damage. Curriculum Science 118(11):1832–1841.
     Google Scholar
  17. Balana, B. B. & Oyeyemi, M. A. (2022). Agricultural credit constraints in smallholder farming in developing countries: Evidence from Nigeria, World Development Sustainability, 1(2): 1-12.
     Google Scholar
  18. Chandio, A. A., Jiang, Y., Rehman, A., Twumasi, M. A., Pathan, A. G. & Mohsin, M. (2020) Determinants of demand for credit by smallholder farmers’: a farm level analysis based on survey in Sindh, Pakistan International Journal of Agriculture, 2(1): 1-14.
     Google Scholar
  19. Chandio, A. A., Jiang, Y., Wei, F., Rehman, A. and Liu, D. (2017b), “Famers’ access to credit: does collateral matter or cash flow matter? evidence from Sindh, Pakistan”, Cogent Economics and Finance, 5, 13 - 23.
     Google Scholar
  20. Chandio, A. A., Magsi, H., Rehman, A. & Sahito, J. G. M. (2017). Types, Sources and Importance of Agricultural Credits in Pakistan, Journal of Applied Environmental and Biological Sciences, 7(3), 144-149.
     Google Scholar
  21. Chenaa, T., Maria, A., & Nkiemboupoh, M. (2018). Determinants of Access to Credit and Performance of Smallholder Farmers in Kumba Municipality, South West Region of Cameroon. Asian Journal of Agricultural Extension, Economics & Sociology, 25(1), 1–12.
     Google Scholar
  22. Dossou, S. A. R., Aoudji, A. K., Houessou, A. M. and Kaki, R. S. (2020). Microfinance services for smallholder farmers: an assessment from rice farmers’ expectations in Central Benin, Agricultural and Food Economics, 8(20): 1-15.
     Google Scholar
  23. Edet, O. G., Agbachom E. E. & Uwah, E. D. (2019). The Effect of Microcredit on Technical Efficiency of smallholder Rice Farmers in Ikot Ekpene Agricultural Zone, Akwa Ibom State, Nigeria, Global Journal of Agricultural Sciences, 18(1): 73-85.
     Google Scholar
  24. Egboduku, C. O, Sennuga S. O. and Okpala E. F. (2021) Factors influencing the interest of youths towards career in agriculture: A case study of Bwari Area Council, Abuja, Nigeria, International Journal of Advance Agricultural Research, 9 (2021) 61-6.
     Google Scholar
  25. Jan, I., Khan, S., Khan, N.P. and Ashfaq, M. (2017), “Effects of micro-credit programme of Khushali Bank Limited on agricultural productivity in District Mardan, Pakistan”, Sarhad Journal of Agriculture, 33(4): 688-693.
     Google Scholar
  26. Jegede, M. E, Sennuga S. O. & Olorunniyi A. A. (2021): Factors Influencing the Effectiveness of Improved Soil Management Practices among Rice Farmers in Abuja. Journal Food Science & Nutrition, pp 1-6.
     Google Scholar
  27. Julien, H., Kossi, A., & Aklésso, E. (2021). Analysis of factors influencing access to credit for vegetable farmers in the Gulf Prefecture of Togo. American Journal of Industrial and Business Management, 11, 392–415.
     Google Scholar
  28. Kajenthini, A. & Thayaparan, A. (2017). Impact of Microfinance Loans on Paddy Production among Small Holder Farmers in Sri Lanka, Global Journal of Management and Business Research, 17(4): 1-7.
     Google Scholar
  29. Kiros, S. & Meshesha, G. B. (2022). Factors affecting farmers' access to formal financial credit in Basona Worana District, North Showa Zone, Amhara Regional State, Ethiopia, Cogent Economics & Finance, 10(1): 1-22.
     Google Scholar
  30. Lai-Solarin W. I., Adeoye, W. A., & Sennuga, S. O. (2021). Technology Adoption Capabilities of Small Farm Dairy Cattle Holders in Gwagwalada, Abuja: Effects of Asymmetric Information and Extension Approaches, International Journal of Agricultural Economics. 6(6): 315-323.
     Google Scholar
  31. Luan, D. X. & Bauer, S. (2016). Does Credit Access Affect Household Income Homogeneously across Different Groups of Credit Recipients? Evidence from Rural Vietnam, Journal of Rural Studies, (47), 186-203.
     Google Scholar
  32. Masaood, M. & Keshav, L. (2020). Factors affecting farmers’ access to formal and informal credit: Evidence from rural Afghanistan. Journal of Sustainability, 12(1): 1–16.
     Google Scholar
  33. Meren E. C., Twumasi, Y., Wesley, J., Isokpehi, P., Shenge, M., Fageir,S., Crisler, M., Romorno, C., Hines, A., Hirse, G., Ochai, S., Leggett, S., & Nwagboso, E. (2017) Analyzing Rice production issues in the Niger State Area of Nigeria’s middle Belt. Food and Public Health, 7(1): 7-22.
     Google Scholar
  34. Moses, A. O. & Zangue, N. J. (2017) Financial performances of microfinance institutions in cameroon: Case of CamCCUL Ltd. Int J Econ Finance 9(4):207–224
     Google Scholar
  35. Mrindoko, A. (2022). Impact of Village Community Bank Loans on Smallholder Farmers’ Household Income in Kiteto District, Tanzania. African Journal of Applied Research, 8(1).: 1-14
     Google Scholar
  36. Nakano, Y., Tsusaka, T. W., Aida, T., & Pede, V. O. (2018). Is farmer-to-farmer extension effective? The impact of training on technology adoption and rice farming productivity in Tanzania. World Development, 105, 336-351.
     Google Scholar
  37. Ogundele, E. I. & Okoruwa, T. O. (2018). Effects of Micro-Credit Acquisition on Rice Technologies Adoption in South East Nigeria, American-Eurasian Journal. Agric. & Environ. Science., 16 (10): 1656-1661
     Google Scholar
  38. Ojo, T. O., Baiyegunhi, L. J. S. & Salami, A. O. (2019). Impact of Credit Demand on the Productivity of Rice Farmers in South West Nigeria, Journal of Economics and Behavioral Studies, 11(1): 166-180
     Google Scholar
  39. Ojo, I. H., Sennuga, S. O., Kagbu, J. H. & Omokore, D. F. (2021) Assessment of Women Farmers’ Sources of Information on Adoption of Improve Cassava Production Technology in Mopamuro Local Government Area, Kogi State, Nigeria. Journal of Agricultural Economics, Extension & Social Sciences, 4(1): 78-85
     Google Scholar
  40. Ololade, R. A., Olagunju, F. O., Adejumo, T. J., & Okegbade, A. I. (2018). Econometric Analysis of Accessibility and Repayment Ability of Agricultural Credit among Rural Root and Tuber Crops Farmers in Oyo State Nigeria. Global Journal of Management and Business Research.
     Google Scholar
  41. Oparinde, L.O. Amos, T.T. Adeseluka, M. (2017). Influence of agricultural credit guarantee scheme fund (ACGSF) on fishery development in Nigeria. Scientific Papers Series Management, Economic Eng. Agriculture Rural Development. 17 (1) 323–332.
     Google Scholar
  42. Osabohien, R, E. Osuagwu, E., E. Osabuohien, E., Ekhator-Mobayode, U. E., Matthew, O. Gershon, O. (2020). Household access to agricultural credit and agricultural production in Nigeria: a propensity score matching model, South Africa Journal of Economic Management. Science. 23 (1):1–11.
     Google Scholar
  43. Paresys, L., Saito, K., Dogliotti, S., Malézieux, E., Huat, J., Kropff, M. J., & Rossing, W. A. (2018). Feeding the world while reducing farmer poverty? Analysis of rice relative yield and labour productivity gaps in two Beninese villages. European Journal of Agronomy, 93, 95-112.
     Google Scholar
  44. Samson, A. & Obademi, O. (2018). The determinants and impact of access to agricultural credit on productivity by farmers in Nigeria; Evidence from Oyo state, Nigeria. Advances in Social Sciences Research Journal, 5(3), 252–265.
     Google Scholar
  45. Samson, A., & Obademi, O. (2018). The determinants and impact of access to agricultural credit on productivity by farmers in Nigeria; Evidence from Oyo State, Nigeria. Advances in Social Sciences Research Journal, 5(3).
     Google Scholar
  46. Samuel, S. (2020). Determinants of access to formal credit in rural areas of Ethiopia: Case study of smallholder households in Boloso Bombbe district, Wolaita zone, Ethiopia. Journal of Economics, 9(2), 40–48.
     Google Scholar
  47. Sapkal, S., Kamble, B. H., Kumar, P., Kar, A., & Jha, G. K. (2019). Impact of laser land levelling in rice-wheat systems of the North-Eastern indo-gangetic plains of India. Journal of Pharmacognosy and Phytochemistry, 8(1), 764-769.
     Google Scholar
  48. Saqib, S. E., Kuwornu, J. K. M., Panezia, S. & Ali, U. (2017). Factors Determining Subsistence Farmers’ Access to Agricultural Credit in Flood-Prone Areas of Pakistan, Kasetsart Journal of Social Sciences, (30), 1-7.
     Google Scholar
  49. Saqib, S., Ahmad, M. M., Panezai, S. & Ali, U. (2016). Factors Influencing Farmers’ Adoption of Agricultural Credit as a Risk Management Strategy: The Case of Pakistan, International Journal of Disaster Risk Reduction, (17), 67-76.
     Google Scholar
  50. Sennuga, S. O., Adeniran B. T. & Olorunniyi A. A. (2021): Assessment of the Constraints Associated with the Processing of Paddy Rice: A Case Study of Smallholder Farmers in Gwagwalada, Abuja. Journal of Current Trends in Agriculture, Environment and Sustainability, 2(1), 1-7.
     Google Scholar
  51. Sennuga, S. O., Baines, R.N., Conway, J.S. & Angba, C.W. (2020): Awareness and Adoption of Good Agricultural Practices among Smallholder Farmers in relation to the Adopted Villages programme: The Case Study of Northern Nigeria, International Journal of Biology, Agriculture and Healthcare, 10(6), 34-49.
     Google Scholar
  52. Silong, A. K. F. & Gadanakis, Y. (2019), “Credit sources, access and factors influencing credit demand among rural livestock farmers in Nigeria”, Agricultural Finance Review, 80(1): 68-90.
     Google Scholar
  53. Tarchiani V, Rossi F, Camacho J, Stefanski R, Mian KA, Pokperlaar DS, Coulibaly H, &Adamou A.S. (2017) Smalholder farmers facing climate change in West Africa: decision-making between innovation and tradition. Journal of Innovation Econ Management, 1(1): 1-24
     Google Scholar
  54. Tiwasing, P., Dawson, P., & Garrod, G. (2018). Food security of rice-farming households in Thailand: a logit analysis. The Journal of Developing Areas, 52(1), 85-98.
     Google Scholar
  55. Wossen, T., Abdoulaye, T., Alene, A., Haile, M.G., Feleke, S., Olanrewaju, A., & Manyong, V (2017) Impacts of extension access and cooperative membership on technology adoption and household welfare, Journal of Rural Studies 54(2): 223–233.
     Google Scholar
  56. Zahri, I., Adriani, D., Wildayana, E., Kadir, S., & Umar, H. (2018). Comparing rice farming apperance of different agroecosystem in South Sumatra, Indonesia. Bulgarian Journal of Agricultural Science, 24(2), 189-198.
     Google Scholar