Response of Farmers’ Output to Farm Credit in Plateau State, Nigeria.

      Аннотация: This study deals with the farm financing options available in Nigeria. It mirrors formal finance and analyses how much impact it has made to the financing needs of small scale crop farmers in terms of quality and quantity of credit availability. The study further looks at how credit has been able to help farmers to increase their investments and build up their outputs and how such increase in output has translated to increase in incomes, and hence improved quality of lives of the targeted small scale crop farmers in Plateau state Nigeria. It further looks at profitability of farmers who have access to credit compared to those who do not have access to credit. Furthermore, it compares these two group of farmers in terms of their poverty status and concludes that though there is evidence that farmers that have access to credit were better off in terms of their welfare compared to those that did not have access to credit however, the study reveals that the impacts of credit on farmers were insignificant and therefore could not efficiently reduce poverty.

Ключевые слова: Credits, output, Plateau State, Small Scale Farmers