Assessment of Food Crop Farmers’ Access to Micro Credit in Oyo State, Nigeria

Abstract

This research was conducted to determine the assessment of food crop farmers’ access to micro credit in Oyo state. Multi-stage sampling procedure was employed in selecting 120 respondents for the study. Primary data was collected through interview schedule and it was analyzed using descriptive and inferential statistics. Results reveal that majority of the respondents  (68.3%) were male, married  (79.2%),   Muslims (60.8%). Also 81.7% of the respondents have access to micro credits and their source was micro finance institution(84.2%). Correlation analysis revealed that there existed a relationship between income (  and constraints (  and food crop farmers’ access to micro credits. It was  recommended that condition involved in given loan to farmers should be lenient, convenient and even comfortable, however, educational level of farmers should be improved by Government through a good policy formulation on education.