Article Sidebar
Article Details
NAJ supports free online communication and exchange of knowledge as the most effective way of ensuring that the fruits of research and development practice are made widely available. It is therefore committed to open access, which, for authors, enables the widest possible dissemination of their findings and, for readers, increases their ability to discover pertinent information. The Journal adopts and uses the CC: BY license and is open access. This license lets others distribute, remix, adapt, and build upon your work, even commercially, as long as they credit you for the original creation. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the Journal’s published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work. Copyright for articles published in this Journal is retained by the Journal.
Main Article Content
The Effect of Micro Enterprise Financing on Farmers Welfare in Abia State, Nigeria
Abstract
This study was on the effect of micro enterprise financing on farmers welfare in Abia State, Nigeria. Both primary and secondary data were used for the study. Primary data were collected using well structured questionnaire and interview schedules while secondary data were from texts, journals and other relevant reports and documents. Micro enterprise farmers used for the study included crop, livestock, poultry and fish farmers. A multi-stage random sampling technique was employed in the selection of the farmers used for the study. Data collected were analyzed using multiple regression analysis and Chow’s test. Result of the study revealed that microloan, physical assets, farm size, age and education were the significant determinants of the welfare of the farmers with micro loan, while for the farmers without microloan, physical assets, household size and education were the significant factors affecting their welfare. The pooled sample result revealed the significant factors affecting the farmers’ welfare to be micro credit, physical assets, farm size, household size and education. The chow’s test revealed a significant difference between the welfare of the farmers with micro loan and those without micro credit. Micro enterprise farmers who obtained micro credit to finance their business had better welfare status that those that did not.
Key words: Micro Enterprise, Financing, Welfare, Abia State,
