Non-Governmental Organization’s Agricultural Micro Credit Facilities and Farmer’s household Income in Benue State, Nigeria
Journal Title: International Journal of Management Sciences - Year 2013, Vol 1, Issue 10
Abstract
The study was undertaken to investigate the Non- Governmental Organization’s Agricultural Micro-Credit Facilities on farmers’ income output in Benue State. Stage wise random sampling was adopted to select 220 respondents for the study. Information on respondents’ socio-economic characteristics as well as their income before and after the loan was sourced using questionnaire and Focus Group Discussion (FGD). A null hypothesis which stated that there is no significant difference between income of farmers before and after the loan facility, the hypothesis was tested using dependent t-test analysis while percentages were calculated in order to analyze other data. Socio-economic characteristics of the respondents revealed that majority (59.3%) were males and mostly youth of less than 50 years of age. Result of T-test analysis revealed a significant difference in beneficiaries’ income before and after the scheme at 0.05 significance level. This led to the rejection of the null hypothesis which stated that there is no significant difference in the income of beneficiaries before and after the scheme. The findings shows farmers’ income improved considerably after the loan, this has also contributed in improving the farmer’s livelihoods and quality of lives within these agrarian communities. Recommendations were made on the basis of the findings of the study, to encourage the provision of more loans to rural farmers and also to use middle men like the NGOs in the mobilization, disbursement and monitoring of the utilization of such facilities to improve farmer’s output in terms of income and productivities.
Authors and Affiliations
C. V. O. Eneji, E. Obim, J. E. Otu, S. O. Ogli
Keywords
Related Articles
- EP ID EP26757
- DOI -
- Views 334
- Downloads 7
Strategy Analysis and Choice
Strategy analysis and choice involve making subjective decisions based on object- ive information. This chapter introduces concepts that can help strategists generate feasible alternatives, evaluate those alternatives,...
Determining the Benefit of Training Investment: The Net Present Value Approach
Evaluating a training programme is one of the stages in the training process. Whilst organizations do it at the end of the training, the study emphasis that if appraisal on the investment is not done after training nee...
A Model of Subsidies and Feed-In Tariffs for the Deployment of Photovoltaic Energy in the Residential Sector in Tunisia
Through an analytical model, we investigate the effectiveness and efficiency of current government incentives in accelerating deployment of photovoltaic systems since 2010 in the Tunisian residential sector. Investor b...
The Extent of Web-Based Learning System Usage in Distance Learning Delivery in Ghanaian Universities
The aim of the research is to contribute to the body of knowledge in the area of web-based learning and distance education delivery. The study employed quantitative and survey design and discusses the extent of web-bas...
Optimal Production Model for EVs Manufacturing Process in Turkey: A Comparable Case of EMQ/JIT Production Models for EVs’ Battery Production
In order to keep pace with the ever-changing global community, numerous manufacturing companies have switched to the Just-In-Time (JIT) production model, and many others are considering this approach as well. The compe...