Loan Repayment and Its Implication on Agricultural Financing in Ghana-The Case of MiDA Agriculture Program

International Journal of Agricultural Management and Development

مقاله 8، دوره 9، شماره 4، اسفند 2019، صفحه 391-408   

نوع مقاله: Research Article

نویسندگان

Maxwell Amedi^{* 1}؛ Moses Dumayiri²؛ Abdul-Rashid Mohammed³

¹World Vision International, Ghana

²Department of Banking and Finance, School of Business and Law, University of Development Studies, Ghana

³University of Development Studies, Ghana

چکیده

The study investigated performance of loan repayment among rice farmers under the MiDA agricultural credit programme in the Hohoe Municipality. Primary data was collected from 120 farmers from four beneficiary towns while secondary data was gathered from literatures and various actors. Multistage random sampling technique was used to select the respondents. Obtained data were analyzed using t-test, Tobit regression model.Results from t-test showed statistically significant difference (p < 0.001) between the amount of loan applied for and the amount received by farmers.Out of the ten explanatory variables included in the Tobit regression model, five were significant. Significant factors (p < 0.001) include: sex, household size, group size, value of output and timeliness of loan disbursement.

کلیدواژه‌ها

Agricultural financing؛ loan repayment؛ MiDA؛ Tobit Regression Model؛ Rice farmers

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