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

Maxwell Amedi, Moses Dumayiri and Abdul-Rashid Suhuyini Mohammed

International Journal of Agricultural Management and Development (IJAMAD), 2019, vol. 09, issue 4

Abstract: 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.

Keywords: Agricultural; Finance (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/301191/files/Paper%208.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:ijamad:301191

DOI: 10.22004/ag.econ.301191

Access Statistics for this article

More articles in International Journal of Agricultural Management and Development (IJAMAD) from Iranian Association of Agricultural Economics Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().