International records / OpenAlex research
Determinants of Loan Repayment among Smallholder Farmers in Ogbomoso Agricultural Zone of Oyo State, Nigeria
The study examined socio-economic factors influencing loan repayment among small scale farmers in Ogbomoso agricultural zone of Oyo State of Nigeria. Data collected from 100 farmers from 10 villages in 2 Local Government Areas from the zone through a multistage random sampling techniques were analyzed using descriptive statistics and Ordinary Least Square multiple regression analysis. Results revealed that farmers were on the average 47 years with fewer years of farming experience with credit use (average of 4 years). The average farm size of 3 hectares cultivated by the respondents indicate t…
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