MICRO CREDIT FINANCE AND THE GROWTH OF AGRICULTURE IN OGUN STATE, NIGERIA

Main Authors: OWOJORI, A.A, OYEWOLE, O. I
Format: Article Journal
Terbitan: , 2009
Subjects:
Online Access: https://zenodo.org/record/839640
ctrlnum 839640
fullrecord <?xml version="1.0"?> <dc schemaLocation="http://www.openarchives.org/OAI/2.0/oai_dc/ http://www.openarchives.org/OAI/2.0/oai_dc.xsd"><creator>OWOJORI, A.A</creator><creator>OYEWOLE, O. I</creator><date>2009-08-07</date><description>This paper highlighted the contribution of micro credit finance to the growth of agricultural production in Nigeria and critically evaluated the need for financial institution in the Nigeria&#x2019;s agricultural productivity. The expected role of the financial institutions in solving the problems of rural and near rural economy; such as poverty, lack of adequate financial and business advice and its effectiveness in the area of developing the economy of their immediate environment and transforming these in a way of solving national economic problem that will lead to economic growth and development. The socio economic and cultural attitudes of the farmers towards the micro credit contribution to the economic growth of the nation were also examined. The paper also examined the performance of the financial institutions and problems facing them generally so as to enable the licensed controlling authority to solve the problems of the financial institution based on management, capital base and timeliness of disbursement and recovery. Furthermore, the paper examined the future prospects for the micro credit institutions and what is expected of the controlling body for effective management of the credit banks. The scope, the expected role and problems of credit institution were examined and possible solutions recommended for the success, progress and prosperity of agricultural productivity in Nigeria</description><identifier>https://zenodo.org/record/839640</identifier><identifier>10.5281/zenodo.839640</identifier><identifier>oai:zenodo.org:839640</identifier><relation>doi:10.5281/zenodo.839639</relation><relation>url:https://zenodo.org/communities/sedinstags</relation><rights>info:eu-repo/semantics/openAccess</rights><rights>https://creativecommons.org/licenses/by/4.0/legalcode</rights><source>Continental J. Agricultural Science 3 47-57</source><subject>Micro-credit finance, Agriculture, production, banks, economy, Nigeria</subject><title>MICRO CREDIT FINANCE AND THE GROWTH OF AGRICULTURE IN OGUN STATE, NIGERIA</title><type>Journal:Article</type><type>Journal:Article</type><recordID>839640</recordID></dc>
format Journal:Article
Journal
Journal:Journal
author OWOJORI, A.A
OYEWOLE, O. I
title MICRO CREDIT FINANCE AND THE GROWTH OF AGRICULTURE IN OGUN STATE, NIGERIA
publishDate 2009
topic Micro-credit finance
Agriculture
production
banks
economy
Nigeria
url https://zenodo.org/record/839640
contents This paper highlighted the contribution of micro credit finance to the growth of agricultural production in Nigeria and critically evaluated the need for financial institution in the Nigeria’s agricultural productivity. The expected role of the financial institutions in solving the problems of rural and near rural economy; such as poverty, lack of adequate financial and business advice and its effectiveness in the area of developing the economy of their immediate environment and transforming these in a way of solving national economic problem that will lead to economic growth and development. The socio economic and cultural attitudes of the farmers towards the micro credit contribution to the economic growth of the nation were also examined. The paper also examined the performance of the financial institutions and problems facing them generally so as to enable the licensed controlling authority to solve the problems of the financial institution based on management, capital base and timeliness of disbursement and recovery. Furthermore, the paper examined the future prospects for the micro credit institutions and what is expected of the controlling body for effective management of the credit banks. The scope, the expected role and problems of credit institution were examined and possible solutions recommended for the success, progress and prosperity of agricultural productivity in Nigeria
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