RICE FARMERS’ LOAN ACCESS AND DISPOSABLE INCOME GENERATION IN WESTERN ZONE OF BAUCHI STATE, NIGERIA

Résumé

The study was conducted to examine the rice farmers’ access to agricultural loan and disposable income generation in western zone of Bauchi State, Nigeria. Multistage sample technique was employed to select 313 rice farmers sampled through structured questionnaire. Data were analyzed using multiple regression and binomial logistic regression. The multiple regression results showed that the determinants of the rice farmers’ disposable income of farmers’ initial capital, farm size, loan amount, market tax and interest rate were significant at P≤0.001 and farm resource at P≤ 0.01. The result of the logit regression disclosed that age, sex, years of experience, interest rate, off farm income, loan distance significantly (P≤0.001) affected the likelihood of farmers’ access to loan, membership at (P≤0.05) and disposable income (P≤0.01). The study recommended that credit should be made available at the right time in the farming preparation season and financial institutions or credit sources should be strategically localized to enable easy access by the farmers.