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Determinants of Smallholder Vegetable Farmers Credit Access and Demand in Southwest region, Cameroon

Author

Listed:
  • Victor Afari-Sefa

    (AVRDC - The World Vegetable Center)

  • Jean Claude Bidogeza

    (Africa Risk Capacity)

  • Yannick Djoumessi

    (Université de Dschang)

  • Cyrille Kamdem

    (University of Yaoundé II-Soa)

Abstract
The study analyzed the determinants of smallholder vegetable farmer’s access and demand to credit. Primary data were collected from hundred randomly selected farmers with the aid of structured questionnaires using multi-stage sampling procedures. One common approach used to modeling this situation is the tobit model. However, the decision taken by farmers to demand credit is preceded by the decision to have “access to credit†. Therefore, a double-hurdle model was specified and used to determine factors influencing credit access and demand. Econometric results show that age has a positive and significant value on the quantity equation, but negative and significant on the access equation. The study concluded that the spread of lending agencies, membership to farmers’ association, extension service, large farm size increase both access to and demand for credit. In addition, small and female farmers should be encouraged to form associations to ensure appropriate information sharing and advantage of non-rationing credit

Suggested Citation

  • Victor Afari-Sefa & Jean Claude Bidogeza & Yannick Djoumessi & Cyrille Kamdem, 2018. "Determinants of Smallholder Vegetable Farmers Credit Access and Demand in Southwest region, Cameroon," Economics Bulletin, AccessEcon, vol. 38(2), pages 1231-1240.
    • Handle: RePEc:ebl:ecbull:eb-17-00933
    as

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    References listed on IDEAS

    as
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    Cited by:

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    3. Geoffroy Enjolras & Philippe Madiès, 2019. "The determinants of loan acceptance: a case study of French farms," Economics Bulletin, AccessEcon, vol. 39(1), pages 358-371.
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    5. Chigunhah Blessing Ropafadzo & Svotwa Ezekia & Munyoro Gerald & Mabvure Tendai Joseph & Govere Ignatius, 2020. "Characterization of bank lending requirements for farmers in Zimbabwe," Asian Journal of Agriculture and rural Development, Asian Economic and Social Society, vol. 10(2), pages 628-644, December.

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    More about this item

    JEL classification:

    • D1 - Microeconomics - - Household Behavior
    • Q1 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture

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