Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

video

Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

sound

Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Persian Version

Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

View:

360
Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Download:

184
Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Cites:

Information Journal Paper

Title

DETERMINANTS OF REPAYMENT OF LOAN BENEFICIARIES OF MICRO FINANCE INSTITUTIONS IN SOUTHEAST STATES OF NIGERIA

Author(s)

 UMAMUEFULA OSUJI ONYEAGOCHA STEPHEN | ANGUS NNACHEBE DIXIE CHIDEBELU SUNDAY | OKORJI EUGENE CHUKWUEMEKA | Issue Writer Certificate 

Pages

  167-175

Abstract

 The study investigated the loan repayment, its determinants and socio-economic characteristics of microfinance loan beneficiaries in the Southeast states of NIGERIA. It was carried out in three states of the five southeast states. Using a multistage sampling technique, a total of 144 loan beneficiaries in the three segments of MFIs, namely; formal (commercial and development banks); semi-formal (NGOs-MFIs) and informal (ROSCAS, “Isusu” and co-operative societies) were randomly selected and interviewed in the three states. An ordinary least square (OLS) multiple regression analysis was carried out to isolate and examine the determinants of loan repayment from the respondents’ perspective. Results showed that beneficiaries had low level of education, operated enterprises at a relatively small scale, had large family size and were of middle age.Further, it was found out that the majority of the respondents were involved in farming enterprise (crop and poultry) even though trading was the most prominent single non-farming enterprise (trading, processing and artisanship). The result affirmed that the informal sector respondents recorded the best repayment rate, followed by the respondents of semi-formal and the banks brought the rear. Outstanding among the determinants of loan repayments from the respondents’ perspective were; loan size, level of education, experience, profitability and portfolio diversity. These, therefore deserve special attention in loan administration of MFIs.

Cites

  • No record.

    • References

    Cite

    APA: Copy

    UMAMUEFULA OSUJI ONYEAGOCHA, STEPHEN, ANGUS NNACHEBE DIXIE CHIDEBELU, SUNDAY, & OKORJI, EUGENE CHUKWUEMEKA. (2012). DETERMINANTS OF REPAYMENT OF LOAN BENEFICIARIES OF MICRO FINANCE INSTITUTIONS IN SOUTHEAST STATES OF NIGERIA. INTERNATIONAL JOURNAL OF AGRICULTURAL MANAGEMENT AND DEVELOPMENT (IJAMAD), 2(3), 167-175. SID. https://sid.ir/paper/594294/en

    Vancouver: Copy

    UMAMUEFULA OSUJI ONYEAGOCHA STEPHEN, ANGUS NNACHEBE DIXIE CHIDEBELU SUNDAY, OKORJI EUGENE CHUKWUEMEKA. DETERMINANTS OF REPAYMENT OF LOAN BENEFICIARIES OF MICRO FINANCE INSTITUTIONS IN SOUTHEAST STATES OF NIGERIA. INTERNATIONAL JOURNAL OF AGRICULTURAL MANAGEMENT AND DEVELOPMENT (IJAMAD)[Internet]. 2012;2(3):167-175. Available from: https://sid.ir/paper/594294/en

    IEEE: Copy

    STEPHEN UMAMUEFULA OSUJI ONYEAGOCHA, SUNDAY ANGUS NNACHEBE DIXIE CHIDEBELU, and EUGENE CHUKWUEMEKA OKORJI, “DETERMINANTS OF REPAYMENT OF LOAN BENEFICIARIES OF MICRO FINANCE INSTITUTIONS IN SOUTHEAST STATES OF NIGERIA,” INTERNATIONAL JOURNAL OF AGRICULTURAL MANAGEMENT AND DEVELOPMENT (IJAMAD), vol. 2, no. 3, pp. 167–175, 2012, [Online]. Available: https://sid.ir/paper/594294/en

    Related Journal Papers

  • No record.

    • Related Seminar Papers

  • No record.

    • Related Plans

  • No record.

    • Recommended Workshops






    Move to top