International records / OpenAlex research
ESTIMATION OF LOAN DEFAULT AMONG BENEFICIARIES OF A STATE GOVERNMENT OWNED AGRICULTURAL LOAN SCHEME, NIGERIA
This paper analyses the extent of default among beneficiaries of government sponsored loan scheme. The loan performance indices estimated reveal that over 75% of the loans disbursed by AKSALB in the period under review were still held by 59 percent of the loan beneficiaries. This situation is an indication of high level of loan defaulting among the benefiting farmers. Certain personal and facility factors are estimated to determine the probability of default among the beneficiaries. Notably among these include sex, household size, farm size, loan from other sources, primary occupation of the b…
