dc.contributor.author | Musebe, RO | |
dc.date.accessioned | 2013-05-11T09:48:43Z | |
dc.date.available | 2013-05-11T09:48:43Z | |
dc.date.issued | 1990 | |
dc.identifier.citation | Musebe, R.O(1990). An analysis of agricultural credit markets in Vihiga Division of Kakamega District, Kenya | en |
dc.identifier.uri | http://erepository.uonbi.ac.ke:8080/xmlui/handle/123456789/21894 | |
dc.description | Msc - Thesis | en |
dc.description.abstract | This study was carried out in Vihiga Division of
Kakamega District in Kenya. The study analysed the
Cr~edi t markets facing the smallscale farmers in the
The purpose of this study was to examine the
the limited use of formal credit in the
at~ea desp ite the need for credit to land
productivity. In order to accomplish this study both
secondary and primary data were collected. The data
collected were analysed using descriptive statistics
and regression analyses.
The results were that the formal credit sources
had tight and eligibility criteria
cumbersome application and
plus
The
supply of credit was far below the demand for credit.
There was incompatibility of loan repayment schedules
with the cash generating of
entet~pt~ises.
pt~edominant.
Infcwmal lending wa-5
The farmers experienced high
transaction costs. Some farmers were either not
aware of the existence of formal credit
due to tight and rigid eligibility criteria never
applied for formal credit.
The that at~i se f r-orn these
results are as follows: Fi r~st Ly, the eligibility
criteria, loan approval decisions and collection
mechanisms should be made consistent with the
capabilities of the small scale farmers repay.
Thus, where possible repayment period should coincide
with marketing of farm produce. Some formal lenders
should be integrated with the informal lenders
especially the rotating savings and credit
associations, so that group collateral rather than
land title deed is used.
Secondly, unnecessarily cumbersome application
and credit delivery procedures should be removed by
reviewing. Thirdly, the credit institutions should
intensify their supervisory component coupled with
technical assistance to create awareness regarding
availability of loan facilities and the benefits that
accrue to the use of credit.
Finally, the formal credit sources should be
encouraged to increase agricultural credit supply.
The approach here may be government monitoring to
reduce the diversion of agricultural credit to other
sectors. This can be achieved by the government
employing specific technical experts in agricultural
credit and deploying these experts in all credit
institutions including the Central Bank of Kenya. | en |
dc.description.sponsorship | University of Nairobi | en |
dc.language.iso | en | en |
dc.subject | Agricultural credit markets | en |
dc.subject | Vihiga Division | en |
dc.subject | Kakamega District | en |
dc.title | An analysis of agricultural credit markets in Vihiga Division of Kakamega District, Kenya | en |
dc.type | Thesis | en |
local.publisher | Department of Agricultural Economics, University of Nairobi, Kenya | en |