AN ANALYSIS OF THE FACTORS INFLUENCING ACCESS TO CREDIT BY POULTRY FARMERS IN ABUJA, NIGERIA

Abstract

This paper examined the factors influencing access to credit by poultry farmers in Abuja using primary data. The factors that are found to be important in explaining access to credit include extension visits, distance to formal credit sources, hours of entrepreneurial training and commercial broiler production enterprise. Years of schooling, household size and broiler parent stock enterprise are the important factors influencing the amount of credit received. To enhance access to credit by poultry farmers in the study area, policies that will encourage the expansion of formal financial services to the rural areas and human capacity development should be strengthened.