Professional Documents
Culture Documents
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Statement of the Problem
• What is the extent of accessibility to credit of small-scale
rice farmers?
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Significance of the Study
• Municipal Agricultural Office
• To enhance the credit provision of the local creditors
• Further researcher
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Scope and Limitation of the Study
• Rice farmers in selected Barangays of Tukuran, Zamboanga del sur
• COVID 19 pandemic
• Effects of credit will come from farmer’s perception
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Theoritical Framework
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Theoritical Framework
• The Credit Theory of Money (A. Mitchell Innes,
1914)
• A pure ‘extrinsic’ value (Wray, 1998)
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Related Literature
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Related Literature
• Admittance to credit (Sahu et al., 2004)
• Demand for consumer loans (Fitch Ratings,
2006)
• Concerned about a general lack of knowledge
with consumer credit (Tan, 2009)
• Farmers is restricted to the available credit
services (Poliquit’s, 2006)
• institutional supply of rural credit stays deficient
(Olagunju & Ajiboye, 2010) 10
Research Method
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Research Method
• Purposive Sampling
• Personal and Administered Interview
• Structured questionnaire
• Quantitative Research Design
• Descriptive Statistics
Frequency, Percentages and Ranking
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Result and Discussion
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Socio-Demographic Profile of
the Respondents
• Respondent is 22 to 67 years old, male, and married.
• Elementary level
• Farm size ranges from 2.6 – 4.5.
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Extent of Accessibility
Table 2. Access to Informal Credit Sources, Tukuran, Zamboanga del sur
SD D N A SA
STATEMENT
1. I have an easy access to credit from informal lenders. 0.0 2.5 2.5 70.0 25.0
2. I am able to obtain desired amount from informal lenders. 2.5 55.0 7.5 22.5 12.5
3. Informal lenders are available in our area. 0.0 0.0 2.5 67.5 30.0
4. I am able to acquire credit from informal lenders the time I 25.0 17.5 10.0 30.0 17.5
needed it most.
5. Informal lenders do not require stringent requirement. 7.5 10.0 0.0 47.5 35.0
6. There is no problem in accessing credit from informal source. 0.0 10.0 17.5 45.0 27.5
7. I am satisfied to the service of informal institutions. 2.5 27.5 37.5 25.0 7.5
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Extent of Accessibility
Table 2. Access to Formal Credit Sources, Tukuran, Zamboanga del sur
STATEMENT SD D N A SA
1. I have an easy access to credit from formal lenders. 21.1 47.4 7.9 23.7 0.0
2. There is an adequate information for credit institution in the area 42.5 30.0 12.5 15.0 0.0
3. I am able to obtain desired amount from formal lenders. 23.1 46.2 15.4 15.4 0.0
4. Formal lenders are available in our area. 25.6 30.8 12.8 30.8 0.0
5. I am able to acquire credit from formal lenders the time I needed it 40.0 42.5 5.0 12.5 0.0
most
6. Formal lenders require stringent requirement. 21.2 33.3 12.1 33.3 0.0
7. Loan requirements are easy to comply. 60.0 27.5 10.0 2.5 0.0
8. There is no problem in accessing credit from formal institution. 40.0 35.0 5.0 20.0 0.0
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Qualities of the Creditor
Table 4. Qualities of the Creditor preferred by small-scale rice farmers, Tukuran,
Zamboanga del sur
Frequency Percentage
1. Accessibility to credit 30 75
(obtain cash in any
amount and being close
to their residence)
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Problems Encountered
Table 5: Problems Encountered in Obtaining Credit, Tukuran, Zamboanga del
sur.
Frequency Percentage
1. Numerous documents to 28 70
fill throughout the
application process
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Suggestions by Farmer Respondent
Table 6: Suggestions by Farmer Respondent to Improve their Credit
Accessibility, Tukuran, Zamboanga del sur.
Frequency Percentage
1. Provide training/ Seminar for farmers
32 80
Medical purposes 4 10
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Conclusion
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Conclusion
Based on the result and findings, the researcher concluded the following:
1. Implying that they have a better probability of obtaining credit from
Informal lenders
2. Strict conditions for acquiring credit from formal sources
3. Prefer to choose based on accessibility (easily obtain cash in any
amount and being close to their residence)
4. Requirement preparation time-consuming.
5. Respondents requested that training
6. Respondents borrow for agricultural production purposes,
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Reccomendation
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Recommendation
• Developing creative credit schemes
• Farmers' preferences and needs should be taken into
account
• Every loan program that will be provided in order to boost
agricultural productivity
• Launching an education campaign
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“
“It always seems
impossible
until its done”
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