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Assessment of Loan default Trend on the Amount of Loan Granted to Farmers in Kwara State, Nigeria 1984- 2014

This study was carried out to assess the growth trend in the amount of loan granted to farmers in the study area for the period 1984-2014. Secondary data was used and sourced from central bank of Nigeria statistical bulletin, Nigeria bureau of statistics and Kwara state bureau of statistics. The result showed that there was an acceleration in the amount of loan defaulted by farmers for the period 1984-2014 in the study area and 73% variations was noticed in the exponential time trend for the period. It was concluded that a rigorous effort to speedy the increase and availability of loan process…

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