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| Victor Afari-Sefa, Jean Claude Bidogeza, Yannick Djoumessi and Cyrille Kamdem |
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| ''Determinants of Smallholder Vegetable Farmers Credit Access and Demand in Southwest region, Cameroon'' |
| ( 2018, Vol. 38 No.2 ) |
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| 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 |
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| Keywords: |
JEL: D1 - Household Behavior: General
Q1 - Agriculture: General |
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| Manuscript Received : Nov 28 2017 | | Manuscript Accepted : Jun 21 2018 |
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