Comparative Poverty Status of Users and Non-Users of Micro Credit in Kwara State, Nigeria Report as inadecuate




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The essence of this study is to assess the impact of Micro credit on farmers’ poverty status in Kwara state, Nigeria. 50 users and 100 non-users of Micro credit facilities were randomly selected. Descriptive statistics was used to describe the socio-economic characteristics of the respondents. The determinants of poverty status of the farmers were analyzed using logistic model. The Foster-Greer-Thorbecke (FGT) model was used to analyze the extent of poverty among the farming households. The results show that majority of the users and non-users are married with 92% and 82% respectively. Majority (96%) of the users had some level of formal education while, majority (88%) of the non-users had no formal education. The FGT result shows that the poverty status of non-users is higher than that of the users. Age of the household head and the household size had positive effect on the household’s poverty status.

Keywords: Micro credit ; poverty ; income inequality ; household income ; profitability

Subject(s): Consumer/Household Economics

Food Security and Poverty

Issue Date: 2015

Publication Type: Conference Paper/ Presentation

PURL Identifier: http://purl.umn.edu/211629

Total Pages: 15

JEL Codes: C00; C5; Q14

Record appears in: International Association of Agricultural Economists (IAAE) > 2015 Conference, August 9-14, 2015, Milan, Italy





Author: Falola, Abraham ; Ayinde, Opeyemi ; Mark, Mercy ; Ezekiel, Israel

Source: http://ageconsearch.umn.edu/record/211629?ln=en







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