DETERMINING CREDIT ACCESS PROPENSITY AND BARRIER AMONG POULTRY FARMERS IN AKINYELE LOCAL GOVERNMENT AREA, OYO STATE NIGERIA

Abstract

This study determined factors that determine credit accessibility and barriers among poultry farmers in Akirnyele Local Government Area, Oyo State. A three-stage random sampling approach was adopted in selecting the respondents for the study. Logit Model and Likert Scale were used to determine factors influencing the credit access and barriers including the level of borrowing of the respondents respectively. The study concluded that poultry farmers have access to loans mostly through the bank with the help of guarantors and interest rate, collateral facility, educational status, business worth and assets are policy driven variables that influenced credit accessibility by the poultry farmers in the study area. The study therefore recommended that there should be a downward review of collateral and interest rates so that poultry farmers would be able to access more credit.