Record Details

Credit Demand Amongst Farmers in Mukono District, Uganda

Botswana Journal of Economics

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Field Value
 
Title Credit Demand Amongst Farmers in Mukono District, Uganda
 
Creator Ssonko, GW
Nakayaga, M
 
Subject Credit demand; farmers; Mukono District; Uganda – East Africa
 
Description The role of credit in promoting economic activity cannot be underestimated. Nevertheless, credit extension to the agricultural sector in Uganda is dismal compared to other sectors. This study uses cross sectional data collected from 127 farmers in Mukono District, Uganda to shed some light on access to, and the characteristics of demand for credit among the farming communities. We employ the binary logit model estimation to analyse demand for credit. The empirical results suggest that the probability of a farmer demanding credit increases with proximity to credit facility, easier application procedures, customary land tenure system and membership to farmers’ association. In contrast, the likelihood of credit demand decreases with increasing farm size. Policy options and recommendations including encouragement of forming farmers’ associations, leveraging mobile money technologies to reduce distance, and streamlining application procedures could bolster agricultural credit demand in Uganda.Keywords: Credit demand; farmers; Mukono District; Uganda – East Africa
 
Publisher The Botswana Economics Association
 
Contributor —
 
Date 2015-02-16
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier https://www.ajol.info/index.php/boje/article/view/113105
 
Source Botswana Journal of Economics; Vol 12, No 2 (2014); 33-50
1810-0163
1810-0163
 
Language eng
 
Relation https://www.ajol.info/index.php/boje/article/view/113105/102831
 
Rights Copyright for content published in the journal is held by The Botswana Economics Association