Effect of Extension Information on Credit Utilization in a Democratic and Deregulated Economy by Farmers in Ondo State of Nigeria
Acquisition andutilization ofcreditfor agriculturalpurposes aidproduction and consequently makefoodavailablefor the populace. Farmers must be aware of the credit opportunities available at their disposal before such opportunities could be explored. To this end, extension information is vital. It is...
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| Format: | Article |
| Language: | English |
| Published: |
Agricultural Extension Society of Nigeria
2005-12-01
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| Series: | Journal of Agricultural Extension |
| Subjects: | |
| Online Access: | http://aesonnigeria.org/ajm/index.php/jae/article/view/230 |
| _version_ | 1811291393088290816 |
|---|---|
| author | S D Yomi-Alfred |
| author_facet | S D Yomi-Alfred |
| author_sort | S D Yomi-Alfred |
| collection | DOAJ |
| description |
Acquisition andutilization ofcreditfor agriculturalpurposes aidproduction and consequently makefoodavailablefor
the populace. Farmers must be aware of the credit opportunities available at their disposal before such opportunities
could be explored. To this end, extension information is vital. It is against this background that the study investigated
the effects of extension information on credit acquisition and utilization. Some of thefindings revealed that only 11.7
percent of the respondents were visited by extension agents. It was also found that information on technology and
credits were ranked highest, among the relevant extension messages. However, extension contact, frequency of
extension visit andcredit sizehadno significant relationship with credit utilization but education had. Therefore, it was
recommended that the educatedfarmers in the communities shouldbemade toplay a role model to the non-educatedin
the use ofobtained credit.
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| first_indexed | 2024-04-13T04:28:43Z |
| format | Article |
| id | doaj.art-8db2b6c0a8884e0b9f047426a398445d |
| institution | Directory Open Access Journal |
| issn | 1119-944X 2408-6851 |
| language | English |
| last_indexed | 2024-04-13T04:28:43Z |
| publishDate | 2005-12-01 |
| publisher | Agricultural Extension Society of Nigeria |
| record_format | Article |
| series | Journal of Agricultural Extension |
| spelling | doaj.art-8db2b6c0a8884e0b9f047426a398445d2022-12-22T03:02:24ZengAgricultural Extension Society of NigeriaJournal of Agricultural Extension1119-944X2408-68512005-12-018Effect of Extension Information on Credit Utilization in a Democratic and Deregulated Economy by Farmers in Ondo State of NigeriaS D Yomi-Alfred0Department Of Agricultural Economics And Extension, Federal University Of Technology, Akure. Acquisition andutilization ofcreditfor agriculturalpurposes aidproduction and consequently makefoodavailablefor the populace. Farmers must be aware of the credit opportunities available at their disposal before such opportunities could be explored. To this end, extension information is vital. It is against this background that the study investigated the effects of extension information on credit acquisition and utilization. Some of thefindings revealed that only 11.7 percent of the respondents were visited by extension agents. It was also found that information on technology and credits were ranked highest, among the relevant extension messages. However, extension contact, frequency of extension visit andcredit sizehadno significant relationship with credit utilization but education had. Therefore, it was recommended that the educatedfarmers in the communities shouldbemade toplay a role model to the non-educatedin the use ofobtained credit. http://aesonnigeria.org/ajm/index.php/jae/article/view/230Extension InformationCredit UtilizationDemocratic and Deregulated Economy |
| spellingShingle | S D Yomi-Alfred Effect of Extension Information on Credit Utilization in a Democratic and Deregulated Economy by Farmers in Ondo State of Nigeria Journal of Agricultural Extension Extension Information Credit Utilization Democratic and Deregulated Economy |
| title | Effect of Extension Information on Credit Utilization in a Democratic and Deregulated Economy by Farmers in Ondo State of Nigeria |
| title_full | Effect of Extension Information on Credit Utilization in a Democratic and Deregulated Economy by Farmers in Ondo State of Nigeria |
| title_fullStr | Effect of Extension Information on Credit Utilization in a Democratic and Deregulated Economy by Farmers in Ondo State of Nigeria |
| title_full_unstemmed | Effect of Extension Information on Credit Utilization in a Democratic and Deregulated Economy by Farmers in Ondo State of Nigeria |
| title_short | Effect of Extension Information on Credit Utilization in a Democratic and Deregulated Economy by Farmers in Ondo State of Nigeria |
| title_sort | effect of extension information on credit utilization in a democratic and deregulated economy by farmers in ondo state of nigeria |
| topic | Extension Information Credit Utilization Democratic and Deregulated Economy |
| url | http://aesonnigeria.org/ajm/index.php/jae/article/view/230 |
| work_keys_str_mv | AT sdyomialfred effectofextensioninformationoncreditutilizationinademocraticandderegulatedeconomybyfarmersinondostateofnigeria |