TY  - JOUR
T1  - Agricultural Credit and Production Efficiency of Small-Scale Farmers in South-Estern Nigeria
AU - , F.I. Olagunju AU - , R. Adeyemo 
JO  - Agricultural Journal
VL  - 2
IS  - 3
SP  - 426
EP  - 433
PY  - 2007
DA  - 2001/08/19
SN  - 1816-9155
DO  - aj.2007.426.433
UR  - https://makhillpublications.co/view-article.php?doi=aj.2007.426.433
KW  - Credit
KW  -production
KW  -efficiency
KW  -small scale farmers
KW  -NACRDB
AB  - The study researched the extent to which Smallholder Loan Scheme (SHLS) has been able to meet credit needs of the resource poor and improve their farm production. The effectiveness of the credit programme depends on the availability of adequate funds to enable farmers purchase the necessary technologies hence the need to compare the before merging beneficiaries with after merging counterparts. The study evaluated the production efficiency of farmers participating in the credit scheme and determined the effects of credit utilization on traditional farming in southwestern Nigeria. A multi-stage sampling technique was used to collect primary data using structured questionnaire from  216  beneficiaries from the selected financial institutions  in  the  study  area.  Data  were  analyzed  using  descriptive statistics, multiple regression and Chow  test.  The  study  showed  that  the  after  margin  beneficiaries are on the average, endowed with relatively more farm resources than their before merging counterparts. When the levels of resources of the latter were expressed as percentages of those of the former, land stood at 60%,  hired labour 30%, family labour 48%, fixed capital 20%  and modern material input stood at 27%. The marginal value productivities of land area cultivated and local material  inputs  are  higher  for  before  merging  beneficiaries  than for after merging beneficiaries. The foregoing  is  an  indication  of  basic  differences in the production behaviour of the two sets of farmers and thus  can  be  concluded  that the after merging beneficiaries are more technically efficient than the before merging beneficiaries.
ER  -