Greener Journal of Agricultural Sciences

Excellence and Timeliness


Change Language


Greener Journal of  Agricultural Sciences Vol. 3 (5), pp. 384-390, May 2013.

 ISSN: 2276-7770 

Research Paper

Manuscript Number: 031913531


Socio-Economic Determinants of Savings in Cooperatives by Farmers of Selected Agricultural Group Lending Schemes in Anambra State, Nigeria


C.U. Uneze


Department of Agriculture, Federal College of Education (Tech) Umunze, Anambra State, Nigeria.


Email: jiokecyril @ yahoo. com


The study examined how the socio-economic factors of farmer-members of cooperative in agricultural group lending scheme influence their abilities to make financial savings with their cooperatives. The study was conducted in Anambra State, Nigeria. Data were collected from a total of 296 farmer-members of cooperative societies randomly selected from National Programme for Food Security (NPFS) and Rural Finance Institution Building Programme (RUFIN) agricultural group lending schemes purposively selected for the study. Ten selected farmers,’ socio-economic factors were regressed on deposit mobilized with the cooperatives by the farmers. Frequency distribution, percentages and means were descriptive statistics used in analyzing data. The lead function from regression analysis showed that 43.08 percent of the total variation in deposit mobilization was explained by the 10 socio-economic variables included in the model. The significant variables affecting deposit mobilization in cooperatives by farmers in the group leading scheme were value of Assets, off farm income, age of household head, level of farm diversification and total value of farmer’s loan. More so, the study found that the financial savings mobilized by farmer-members within their cooperatives were meagre averaging N1595 and made usually for purpose of securing loans.
 Keywords: Socio-economic factors, Savings, Farmers, Cooperatives, Group lending.

Return to Content  View  Reprint (PDF) (185KB)

Call for Articles/Books

Call for Scholarly Articles

Authors from around the world are invited to send scholary articles that suits the scope of this journal. The journal is currently open to submissions and will process and publish articles daily, immediately they are ready.

The journal is centered on quality and goes about its processes in a very timely fashion. Seasoned editors/reviewers will be consulted to review each article(s), profer quality evaluations and polish the articles with expertise before publication.

Use our quick submit button to submit or simply send your article(s) as an e-mail attachment to or

Call for Books

You are also invited to submit your books for online or print publication. We publish books related to all academic subject areas.    Submit as an e-mail attachment to


Login Form

Other Journals