International records / OpenAlex research

Determinants of informal credit delinquency among food crop farmers in rural niger delta of Nigeria

The study examined the determinants of informal credit delinquencies among food crop farmers in rural Niger Delta of Nigeria using Akwa Ibom State as a case study.A multi-stage random sampling technique was adopted to select 96 beneficiaries and structured questionnaires as well as personal interview were used to collect data.Probit and logit models were used to analyse the factors influencing credit delinquency among food crop farmers in the state.Result of the descriptive analysis of the socio-economic characteristic of respondents revealed that 93% of male and 72% of female food crop farmer…