Review of small farmer access to agricultural credit in Nigeria

The important role of credit in agricultural enterprise development and sustainability has prompted the Federal Government of Nigeria (FGN) to establish credit schemes such as the Agricultural Credit Guarantee Scheme (ACGS) and Agricultural Credit Support Scheme (ACSS) to ensure farmers' access to a...

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Detalles Bibliográficos
Autor principal: Badiru, Idris Olabode
Formato: Brief
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2010
Materias:
Acceso en línea:https://hdl.handle.net/10568/154879
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author Badiru, Idris Olabode
author_browse Badiru, Idris Olabode
author_facet Badiru, Idris Olabode
author_sort Badiru, Idris Olabode
collection Repository of Agricultural Research Outputs (CGSpace)
description The important role of credit in agricultural enterprise development and sustainability has prompted the Federal Government of Nigeria (FGN) to establish credit schemes such as the Agricultural Credit Guarantee Scheme (ACGS) and Agricultural Credit Support Scheme (ACSS) to ensure farmers' access to agricultural credit. Yet, the situation has not improved substantially; based on the 2006 Core Welfare Indicators Questionnaire Survey, it is estimated that only 18 percent of farm households (mainly smallscale farmers) have access to financial services (Akramov 2009). This brief reviews existing knowledge on small-scale farmers' access to credit with particular focus on conditions for accessing credit, the maximum credit provided, repayment of credit, other factors limiting access, and the impact of credit on small-scale farmers.
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spelling CGSpace1548792025-11-06T07:25:47Z Review of small farmer access to agricultural credit in Nigeria Badiru, Idris Olabode agriculture smallholders credit finance The important role of credit in agricultural enterprise development and sustainability has prompted the Federal Government of Nigeria (FGN) to establish credit schemes such as the Agricultural Credit Guarantee Scheme (ACGS) and Agricultural Credit Support Scheme (ACSS) to ensure farmers' access to agricultural credit. Yet, the situation has not improved substantially; based on the 2006 Core Welfare Indicators Questionnaire Survey, it is estimated that only 18 percent of farm households (mainly smallscale farmers) have access to financial services (Akramov 2009). This brief reviews existing knowledge on small-scale farmers' access to credit with particular focus on conditions for accessing credit, the maximum credit provided, repayment of credit, other factors limiting access, and the impact of credit on small-scale farmers. 2010 2024-10-01T14:04:31Z 2024-10-01T14:04:31Z Brief https://hdl.handle.net/10568/154879 en Open Access application/pdf International Food Policy Research Institute Badiru, Idris Olabode. 2010. Review of small farmer access to agricultural credit in Nigeria. NSSP Brief 25. Abuja, Nigeria: International Food Policy Research Institute (IFPRI). https://hdl.handle.net/10568/154879
spellingShingle agriculture
smallholders
credit
finance
Badiru, Idris Olabode
Review of small farmer access to agricultural credit in Nigeria
title Review of small farmer access to agricultural credit in Nigeria
title_full Review of small farmer access to agricultural credit in Nigeria
title_fullStr Review of small farmer access to agricultural credit in Nigeria
title_full_unstemmed Review of small farmer access to agricultural credit in Nigeria
title_short Review of small farmer access to agricultural credit in Nigeria
title_sort review of small farmer access to agricultural credit in nigeria
topic agriculture
smallholders
credit
finance
url https://hdl.handle.net/10568/154879
work_keys_str_mv AT badiruidrisolabode reviewofsmallfarmeraccesstoagriculturalcreditinnigeria