Effect Of Microfinance Services On Performance Of Small Holder Rice Farmers In Niger State

📄 Project Abstract

Nigerias enormous land area under rice cultivation is not augmenting self-sufficiency which has prompted frequent importation of rice into the country. Niger state remains a major rice producer in the country; however, despite being a major rice hub, small holder rice farmers are faced with several setbacks impeding their performance among which are financial services. It was on this note that this study investigated the effects of microfinance services on the performance of small holder rice farmers in Niger state. The study adopted a survey research design. A sample of 179 rice farmers registered with different cooperatives and transact with three different Microfinance banks were randomly selected from three Senatorial zones with largest rice producing local governments of Niger state. Primary data was collected through questionnaires. Regression analysis was used to analyze the data with the aid of SPSS Version 20. The study revealed that microcredit and entrepreneurial skills trai...