Obisesan

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Obisesan



Greener
Journal of  Agricultural Sciences

Vol. 3 (
2), pp.120-127,
February 2013


 ISSN: 2276-7770 



Research

Paper

Manuscript
Number:112712295

DOI: http://dx.doi.org/10.15580/GJAS.2013.2.112712295

 


Credit
Accessibility and Poverty among Smallholder Cassava
Farming Households in South West, Nigeria

                                       



A.A. Obisesan

 


Postgraduate student in Agricultural Economics,
University of Ibadan, Nigeria.

                     


Email
:
kemi_triumph @ yahoo. com,
Tel: +2348076673676

Abstract:

The role of credit in agricultural economy cannot be
overemphasized. Its constraints hamper productivity and
income of rural smallholder farmers. In this study,
cross-sectional data from 150 smallholder cassava farming
households were used to examine credit accessibility and
poverty among cassava farmers in Ogun state, Nigeria. The
data were analyzed using descriptive statistics, logistic
regression model and the Foster, Greer and Thorbecke class
of measures (FGT). Logistic regression model was used to
examine factors influencing the farmers’ credit
accessibility while the FGT class of measures were used to
determine the incidence, depth and severity of poverty among
cassava farmers. The results revealed that majority of the
farmers had access to credit with co-operatives serving as
the major source of credit to the households. The results of
the logistic model showed the significant determinants of
credit accessibility as gender, age, main occupation,
participation in off-farm activities, membership of farmers’
association and crop yield. The FGT results revealed a high
rate of poverty among the cassava farming households with
66.7% households being poor and the households with no
credit access had higher poverty incidence.
 
Keywords: credit, accessibility, poverty, cassava,
smallholder, Southwest, Nigeria.

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